will slow down home buying activity, leading to a temporary drop in demand and lower home price growth,” Fitch wrote. “The broad spread of coronavirus in the U.S. That’s stats “before coronavirus.”īut I’ll bet that housing markets with high overvaluation are at greater risk of price reversals. We’re in uncharted waters and stuck making guesstimates based on “BC” data. Bubble Watch: Coronavirus may clobber ‘overvalued’ housing markets – Orange County Register
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