PHILADELPHIA (CBS) – Looking to buy a home in Philadelphia? According to a new report, it is one of the top 10 most overvalued housing markets in America.

The report was released by real estate analytics firm CoreLogic.

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Researchers say overvalued housing markets have prices that are 10 percent or more above the long-term sustainable level.

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As for Philadelphia, the report finds,“Home prices have ascended rapidly in the Philly area (up 16.7% since early 2014, which means it has the fastest home price appreciation of any town on this top-10 list), and now they are priced at 14.2% over sustainable levels.”

Researchers examined market data from the first half of 2015 for the report. Philly was ranked eighth.

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To see the full top 10 list, click here.