housing market forecast

Housing market crash 2023: where will prices fall?  And why?

Housing market crash 2023: where will prices fall? And why?

| Getty Images Key points to remember Morgan Stanley predicted a 10% decline in house prices from June 2022 to 2024. This juxtaposes the 45% increase in prices the US housing market experienced between December 2019 and June 2022. Some markets are already showing significant price declines, topped by metros like San Francisco, Seattle and …

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Morgan Stanley cuts its outlook on the US housing market, where it expects a house price correction in 2023

Morgan Stanley cuts its outlook on the US housing market, where it expects a house price correction in 2023

Nationally, home prices fell 1.3% between June and August. It marked the first decline measured by the lagged Case-Shiller National Home Price Index since 2012. It’s more than a small dive, it’s a change of trajectory. At least, that’s according to the latest forecasts produced by Morgan Stanley’s economics team. This year, Morgan Stanley expects …

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