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 Citi Analysts Eye $3,000 Mark for Gold READ MORE Mixed Central Bank Buying Patterns Keep Gold Market on Edge READ MORE Gold Price Climbs to $2,577.50 as Rate Cut Expectations Grow READ MORE McDonald's Faces Earnings Dip as Consumer Spending Tightens READ MORE Gold Market Volatility Persists, But Long-Term Bullish Trend Remains Intact READ MORE Add a Comment Cancel replyYour email address will not be published.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