Risk of home-price declines rise 

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, from 120 to 134. Topping the risk index list with a greater than 50 percent chance of experiencing price declines are Boston; San Diego, Long Island (Nassau-Suffolk), N.Y.; Santa Ana, Calif.; and Oakland, Calif.

more...

To view this premium content sign in to your Premium Member account.

Premium Members have full access to all news archives & premium content.

Purchase Professional Membership for $199/year OR
Premium+ Membership for $149/year OR
News Membership for $69/year

Buy Now

Advertise with Inman

All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.