US Housing Market Overvalued in 88% of Metropolitan Areas

US Housing Market Overvalued in 88% of Metropolitan Areas

The US housing market is showing signs of a bubble, with Fitch Ratings estimating that 88% of metropolitan statistical areas (MSAs) had overvalued home prices in the second quarter of 2023. This... Read more »
Amid housing slowdown, new construction grew most in exurban areas in Q3

Amid housing slowdown, new construction grew most in exurban areas in Q3

In the third quarter of 2023, single-family and multifamily home construction grew in outlying areas instead of urban centers. That’s according to the National Association of Home Builders (NAHB) Home Building Geography... Read more »
Home prices grew in more than 80% of U.S. metro areas year over year in Q3: NAR report

Home prices grew in more than 80% of U.S. metro areas year over year in Q3: NAR report

Home prices keep moving up, offering few signs of relief to cash-strapped homebuyers. More than 80% of U.S. metro markets saw price gains in the third quarter of 2023, according to the... Read more »