The degree to which regional home prices were "overvalued" or "undervalued" in 2019, according to Moody's Analytics

Assessment for around 400 regional U.S. housing markets

IF A HOUSING MARKET HAS A NEGATIVE PERCENTAGE, IT MEANS HOME PRICES THERE ARE LOWER THAN EXPECTED WHEN FACTORING IN LOCAL INCOMES. DATA FOR THE SECOND QUARTER OF 2019.

Map: Lance Lambert SOURCE: Moody's Analytics