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Morgan Stanley forecasts that nationally aggregated home prices are likely to fall 2% this year.

This is a particularly bearish view compared to other forecasters. Among the 26 firms tracked by ResiClub, the average U.S. home price forecast for 2025 is a 2.7% increase.

“We believe the housing market, and home prices in particular, are on a healthy foundation,” Jim Egan, Morgan Stanley’s head of housing market research, told ResiClub.........

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