correction

German property market ripe for serious price correction, economists warn

German property market ripe for serious price correction, economists warn

The German property market has been remarkably strong over the past two decades, but faces a severe price correction over the next two years, some analysts say. Tim Graham/Contributor/Getty Images The German housing market has been remarkably strong for decades, but faces a severe price correction over the next two years, analysts say. Mortgage rates …

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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 …

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