Here we go housing

Peak housing pain

Morgan Stanley says that even though cyclical housing headwinds are significant, they are now approaching a peak globally. And you know what investors think about "peak pains".....MS: "We think an expected peak in policy rates for DM economies through 2H23 marks the start of an important inflection point, with some green shoots already emerging."

GS: "The largest declines in housing are likely behind us"