(for Xcode 8.x / Xcode 9.x read at the bottom)
Beware of the following issue in in Xcode 7.x, which might be a source of confusion:
Interface Builder does not handle auto-sizing cell set-up properly. Even if your constraints are absolutely valid, IB will still complain and give you confusing suggestions and errors. The reason is that IB is unwilling to change the row's height as your constraints dictate (so that the cell fits around your content). Instead, it keeps the row's height fixed and starts suggesting you change your constraints, which you should ignore.
For example, imagine you've set up everything fine, no warnings, no errors, all works.
Now if you change the font size (in this example I'm changing the description label font size from 17.0 to 18.0).
Because the font size increased, the label now wants to occupy 3 rows (before that it was occupying 2 rows).
If Interface Builder worked as expected, it would resize the cell's height to accommodate the new label height. However what actually happens is that IB displays the red auto-layout error icon and suggest that you modify hugging/compression priorities.
You should ignore these warnings. What you can* do instead is to manually change the row's height in (select Cell > Size Inspector > Row Height).
I was changing this height one click at a time (using the up/down stepper) until the red arrow errors disappear! (you will actually get yellow warnings, at which point just go ahead and do 'update frames', it should all work).
* Note that you don't actually have to resolve these red errors or yellow warnings in Interface Builder - at runtime, everything will work correctly (even if IB shows errors/warnings). Just make sure that at runtime in the console log you're not getting any AutoLayout errors.
In fact trying to always update row height in IB is super annoying and sometimes close to impossible (because of fractional values).
To prevent the annoying IB warnings/errors, you can select the views involved and in Size Inspector
for the property Ambiguity
choose Verify Position Only
Xcode 8.x / Xcode 9.x seems to (sometimes) be doing things differently than Xcode 7.x, but still incorrectly. For example even when compression resistance priority
/ hugging priority
are set to required (1000), Interface Builder might stretch or clip a label to fit the cell (instead of resizing cell height to fit around the label). And in such a case it might not even show any AutoLayout warnings or errors. Or sometimes it does exactly what Xcode 7.x did, described above.