Industry News

‘Overvaluation’ climbing in housing markets

32% of single-family market at risk for future price declines, report says
Published on Oct 17, 2005

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by CareyBot

Extreme overvaluation was seen in the housing market during the second quarter, according to housing valuation report released last week. Fifty-six of the 299 metropolitan areas studied, or 32 percent of the total single-family housing market, were identified as being ...