Core Insights - In June, U.S. rental prices increased by 0.2%, which is lower than the increases of 0.4% in April and 0.3% in May [1] - The overall trend of rental price increases has been gradually slowing over the past three years, which is beneficial for the overall inflation level, as rent accounts for approximately 35% of the Consumer Price Index (CPI) [1] - The improvement in rental data for the month is primarily attributed to a decline in hotel prices, while residential rental prices remain stable and moderate [1] Rental Price Breakdown - The "Owner's Equivalent Rent," which measures the cost of self-owned housing, rose by 0.3%, remaining unchanged from May [1] - The "Primary Residential Rent," which pertains to rental properties, also increased by 0.2%, consistent with the figures from May [1]