Housing is now overvalued in 88% of the U.S., says ratings agency Fitch

The housing market is overvalued in 88% of U.S. metropolitan areas, according to a new report by Fitch Ratings.

The ratings agency said Wednesday that housing was overvalued by 9.4%, nationally, in the second quarter of 2023. The agency said it expects prices to remain elevated, with prices having climbed further in the third quarter.

The…

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Housing is now overvalued in 88% of the U.S., says ratings agency Fitch

Master your money.

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Opinion: With inflation staying higher for longer, stocks are best for your retirement savings

Oil futures tally a third straight gain on Red Sea shipping disruptions

Latest from Investment

Oil prices end higher as traders monitor Middle East, Russian output and China

Oil prices end lower but score first monthly gain since September

Hammond Power Solutions Taps Bailey as Next Operating Chief

Indigo Books Gets Unsolicited Non-Binding Privatization Proposal

Tyra Biosciences Gets Rare Pediatric Disease Designation For Achondroplasia Therapy