New York, NY - September 8, 2022 - RealtyQuant, issuer of the U.S. most comprehensive real estate market valuations data, performed a study of 395 Metropolitan Statistical Areas (MSAs) estimating over-, under-, fair valuation of their housing markets, relative to fundamentals of income, population and housing supply. Some summary observations:
A total of 25 MSAs are greater than 40% overvalued, with nearly 60% of all MSAs studied at above 10% overvaluation.
Around 28% of all MSAs studied are in the 0% to 10% fairly valued range
Just under 12% of all MSAs studied are undervalued, a percentage lower than ahead of the Gl