Housing on track to improve, but hurdles remain: Morgan Stanley
OtherStrong 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 […]
