Industry News

Risk of home-price declines rise

Prices overvalued by 10% or more in half of large metros
Published on Oct 21, 2005

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by CareyBot

A number of the nation’s largest housing markets remain at risk of price declines, according to the PMI U.S. Market Risk Index, released this week, and prices in many markets are overvalued. The median risk index value increased 11.6 percent, ...