102: Morgan Stanley's 2023 U.S. housing market outlook prediction isn't too promising
Episode description
Peak-to-trough, Morgan Stanley expects U.S. home prices to fall 10% by 2024. However, the firm also says a 20% crash is possible. The 10% decline is up from their 7% depreciation prediction earlier in the year. They base this on looking at the Case-Shiller National Home Price Index.
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