Fitch Ratings: U.S. home prices are stabilizing, but 85% of markets are overvalued by Sarah Wolak for HousingWire

HousingWireHousingWire In the third quarter of 2024, Fitch Ratings estimates that national home prices were overvalued by 11.1% on a population-weighted average basis. This marked a decrease of 50 basis points from the previous quarter’s figure of 11.6%, according to a report released Tuesday. Fitch noted that the S&P CoreLogic…

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