Around 48 % of the world 's 50 largest housing markets are overvalued , according to data analysis firm CoreLogic 's Market price Indicators report . housing prices were judged to be at least 10 % higher than is sustainable over the long term . Roughly 36 % of the country 's 100 biggest cities had overvalued housing stock in September 2017 , according to the report , while 28 % were undervalued , and 25 % were accurate . The overvaluation could cause issues later , according to CEO of CoreLogic , Frank Martell , with the company predicting a 4.7 % increase in housing prices between September 2017 and September 2018 , driven by low stock availability .
Around 48% of the US's 50 largest housing markets are overvalued, according to data analysis firm CoreLogic's Market Condition Indicators report. Home prices were judged to be at least 10% higher than is sustainable over the long term. Roughly 36% of the country's 100 biggest cities had overvalued housing stock in September 2017, according to the report, while 28% were undervalued, and 36% were accurate. The overvaluation could cause issues later, according to CEO of CoreLogic, Frank Martell, with the company predicting a 4.7% increase in home prices between September 2017 and September 2018, driven by low stock availability.