Industry News

U.S. real estate prices at high risk of correction

Faltering economy could slash home values in California, Florida
Published on Aug 18, 2005

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by CareyBot

A study of the top 299 U.S. real estate markets released this week by the economics department of National City Corp. concludes that 53 metro areas representing 31 percent of the total U.S. housing market are “extremely overvalued” and confront ...

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