Morgan Stanley slashes its U.S. housing market outlook—where it sees the home price correction going in 2023

Econ & Housing

On a national basis, home prices fell 1.3% between June and August. That marked the first decline measured by the lagged Case-Shiller National Home Price Index since 2012. It’s more than just a small dip, it’s a trajectory shift. At least that’s according to the latest forecast produced by the economics team at Morgan Stanley….

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