Economy Watch Weekly: The Most Overvalued US Markets
October 3, 2017
It's been 10 years since the last housing bubble, are certain residential markets in danger of overheating? Economy Editor Dees Stribling discusses the latest UBS Global Real Estate Index, which points to several troubled metros.
Questions about how long this recovery can last and the potential for another housing bubble abound, and the latest UBS Global Real Estate Index points to several markets in which residential real estate prices are in danger of overheating. In these markets, housing values have outpaced income growth, hindering housing affordability in those areas. Which markets topped the index’s list? Economy Editor Dees Stribling has the full report, for the week ending Sept. 29, 2017.Â
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