A new report has suggested that overvaluation of real estate in the United States has eased, in large part due to faster than anticipated wage growth. S&P Global Ratings recently published a report examining home prices and wages at the end of 2023 and found its overvaluation metric fell one percentage point to about 14 per cent. The reason for the drop, it noted, was a result of increases in per capita income outpacing home price gains. Read More