Experts
Arnaud Benahmed
Portfolio Manager
Dr. Benahmed is a senior vice president and a portfolio manager in the Newport Beach office, focusing on housing, mortgage and asset-backed securities. Prior to joining PIMCO in 2010, he was a vice president on the fixed income analytics team at Wilshire Associates, managing development projects related to fixed income portfolio management tools. He has 15 years of investment experience and holds a Ph.D. in mechanical engineering from the University of California, Los Angeles and a diplome d'ingénieur from Ecole Polytechnique in Paris.
Viewpoints
01/12/2023
The dearth of homes for sale has underpinned the housing market’s surprising resilience and may further lift home prices despite reduced affordability.
Viewpoints
11/05/2023
Although affordability remains an obstacle, recent data offer reasons to be more constructive as broader conditions still appear supportive of home prices.
Viewpoints
05/01/2023
We expect further weakening in U.S. home prices, although not a sharp decline, as higher mortgage rates pressure affordability and induce many homeowners not to move.
Viewpoints
28/03/2022
Home price fundamentals suggest appreciation will slow but remain resilient.