Have house prices finally peaked? 2 Utah cities have hit ‘inflection point,’ study says

Source: KSL.com — 

SALT LAKE CITY — As home prices have continued to rise across the country, especially in the West, a new study suggests prices are “poised to flatten” in five of the “most overvalued markets” in the nation.

Those markets include two cities in Utah and several other metros in Idaho, Texas and Arizona.

That’s according to research released this month by professors at Florida Atlantic University and Florida International University.