Morgan Stanley Proprietary Index Indicates Future Home Price Growth

According to the most recent global securitized credit report, Morgan Stanley, a financial services firm, increased their U.S. home value appreciation forecast to nearly 7% this year. The company expects home prices to jump 5% in 2014 and rise roughly 4% in 2015. The Morgan Stanley Proprietary Index, that indicates future home prices, increased in January by 1.67% and suggested the growth in home prices will continue. More here

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