In the CoreLogic U.S. Economic Outlook for July, Frank Nothaft, SVP and Cheif Economist, explains the price-to-rent ratio as an additional metric on markets that are flagged as ‘overvalued’. This ratio provides perspectives on whether prices are “out of sync with valuation fundamentals,” according to the report. Nothaft goes on to explain how CoreLogic’s Home Price …
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Source: DS News