To determine the most undervalued housing markets in the country, Fitch Ratings considers five key economic metrics:
- Nominal income growth
- Population growth
- Unemployment rates
- Changes in rental prices
- Changes in home prices
The list, provided exclusively to Forbes, is based on the year-over-year change in these figures for the 50 largest metropolitan areas in the first quarter of 2017.
Continue to the full article for the stats on Detroit, the number-one housing market in the United States.