House prices may climb further – but slide next year if mortgage rates stay at 8%, says top strategist
Morgan Stanley's Jim Egan says a supply pullback could push up home prices even more this year, but that trend could reverse in 2024.
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Morgan Stanley's Jim Egan says a supply pullback could push up home prices even more this year, but that trend could reverse in 2024.
When the boomers came of homebuying age, they had to contend with high rates, high inflation, and a crowded market. Sound familiar?
Morgan Stanley analysts have predicted that house prices could drop by as much as 5 percent by the end of 2024 if record high mortgage rates of 8 percent are sustained.
A Fortune 500 chief economist says the housing market has a case of déja vù: It's the 1980s all over again.
After four tight quarter-final games, the semi-finalists for this year's club football championship are decided. Milltown will face Corofin after both sides secured two-point wins in Tuam Stadium, and Mountbellew/Moylough will play Maigh Cuillinn after both teams secured one-point victories in Pearse Stadium on Sunday.