There has been a relentless climb in home prices in the U.S. over the past three years, but a growing number of markets face the risk of a steep price correction.
A new report published by Parcl Labs, a real-estate data and analytics firm, shows there are 15 housing markets in the U.S. that are "at risk" of a home-price correction in the coming fall and winter months.
"While there's no guarantee that these regional markets will experience a material home price correction, they are showing signs of softening," the report said.