Portfolio Management Analytics
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.
Home price fundamentals suggest appreciation will slow but remain resilient.
05 January 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.