Tag Archives: Housing on track to improve

Strong momentum in home prices as well as housing activity gave Morgan Stanley analysts enough confidence to upgrade their home price appreciation projections to roughly 7% for 2013, according to its latest global securitized credit report. Additionally, Morgan Stanley anticipates home prices will rise roughly 5% in 2014 and 4% in 2015, respectively. “The momentum in most metrics of housing activity is running well ahead of the pace we had expected,” said James Egan, Jose Cambronero and Vishwanath Tirupattur, analysts for Morgan Stanley. The Morgan Stanley Proprietary Index ($22.18 0.12%), […]