Most U.S. Homes Are Overvalued

Globe St., May 15, 2024-Philippa Maister
Home prices across the nation are overvalued, in many cases by more than 10%, according to a new report on RMBS by Fitch Ratings. Indeed, in 4Q23 homes in the U.S. were overvalued by 11.1% on a population-weighted average basis – though prices may moderate later in the year.
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