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"This Time Is Indeed Different" - Why Morgan Stanley Sees No Housing Bubble

by Tyler Durden By Vishwanath Tirupattur, Managing Director in Credit Securitized Products Research and Strategy at Morgan Stanley US housing is on a hot streak. Home prices as measured by the S&P Case-Shiller Index rose 12.2%Y, with prices surging across all 20 of the metropolitan areas tracked by the Index. That amounts to an increase of $35,000 in the median selling price for homes from just a year ago and marks the fastest pace of increase since 2006. Unsurprisingly, any comparison to the...
Vishwanath Tirupattur James Egan Morgan Stanley Credit Securitized Products Research Mortgage Bankers Association Managing Director

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