US Housing Market Shows Life, Yet Overvaluation Clouds Recovery, Fitch Reports The US housing market is beginning to show signs of recovery with an increase in sales and inventory, yet challenges persist due to significant overvaluation, according to Fitch Ratings. Despite a positive shift in market dynamics, the effects of last year’s price surge have exacerbated the issue, with homes being overvalued by an average of 11.1% across 91% of US metropolitan areas as of the third quarter. This trend of overvaluation is expected to have persisted through the end of the last year, as prices continued to rise into the fourth quarter. Fitch’s analysis underscores the ongoing imbalance in the housing market, highlighting the need for caution among buyers and investors. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts De-Dollarization: Cross-Border Payment Platform to Include Currencies from Pakistan, India, and Chin READ MORE Towards Global De-dollarization: Iran Advocates for BRICS Digital Currency in 2024 READ MORE What To Expect From April’s CPI Report READ MORE Currency Made of Actual Gold Hoping to Reach Nevadan’s Wallets READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment