Barclays Issues Housing Forecast

Barclays forecasts U.S. housing prices to rise by 11.0 percent in 2013 and 7.0 percent in 2014, based on data through the second quarter. Prices are up 7.6 percent and 7.2 percent this year through June, seasonally adjusted for the CoreLogic aggregate and distressed-excluded indices, respectively, according to Barclays’ Q3 Regional Housing Update.