Supply chain issues have pushed up construction costs and times.

So buildings increase in value due to supply disruption too.

Asset and good inflation aren't the same kind of thing because you won't die if you can't buy a stock, and you can buy any fraction of a stock not just one share these days. (Although the second one is a reason they've gotten more expensive.)

Homes are a special case, but it's entirely possible for the purchase price of homes to go up while rent doesn't.