Markets where home prices have accelerated most in the past year are not necessarily the areas most likely to see falling prices, according to CoreLogic.
While Arizona and Florida are dominating that high-flier list, it's areas such as the Northeast and Upper Midwest that could be most ripe for declines.
According to the December CoreLogic Market Risk Indicator, only 12 metro areas had over a 50% probability of a price decline in 12 months. One-third of the metro areas had a less than 10% probability of a price decline.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
