The degree to which the 403 largest U.S. housing markets are "overvalued" or "undervalued", according to Moody's Analytics

A negative figure means the given housing market is "undervalued," while a positive figure means the housing market is "overvalued"

−7.0%
−7.5%
−8.9%
−9.1%
−10.3%
−10.8%
−10.3%
−11.0%
−8.9%
−7.5%
−7.0%
−6.6%
−5.3%
−3.8%
−1.7%
0.4%
4.2%
8.5%
12.0%
13.2%
15.4%
18.1%
20.8%
22.1%
21.4%
19.3%
17.4%
16.8%
13.8%
11.5%
9.5%
6.7%
1.7%
−1.0%
−0.6%
−4.3%
−8.9%
−9.4%
−9.7%
−8.9%
−8.4%
−6.8%
−7.4%
−6.0%
−6.1%
−5.6%
−4.7%
−4.9%
−4.3%
−4.2%
−4.1%
−3.8%
−2.9%
−1.5%
−1.1%
−0.1%
−0.1%
0.2%
0.2%
−0.1%
−0.4%
−0.6%
−1.3%
−1.6%
−1.0%
−0.7%
−0.7%
0.1%
0.8%
0.6%
1.3%
1.5%
1.6%
2.1%
2.4%
1.7%
0.2%
−0.6%
−1.2%
−1.1%
−1.4%
−1.3%
0.8%
4.3%
7.8%
13.0%
18.4%
19.3%
24.4%
27.0%
23.4%
21.6%
18.1%
16.1%
15.7%
13.9%