Experts

Arnaud Benahmed

Portfolio Manager

Dr. Benahmed is an executive 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 17 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.

Economic and Market Commentary

Mind the Supply: The Counterintuitive Impact of Higher Rates on U.S. Housing

12/1/2023

The dearth of homes for sale has underpinned the housing market’s surprising resilience and may further lift home prices despite reduced affordability.

Daniel Hyman, Munish Gupta, Arnaud Benahmed

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Economic and Market Commentary

Spring Brings Cautious Optimism to U.S. Housing Market

5/11/2023

Although affordability remains an obstacle, recent data offer reasons to be more constructive as broader conditions still appear supportive of home prices.

Daniel Hyman, Arnaud Benahmed, Munish Gupta

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Economic and Market Commentary

Staying in Place ? The Post-Pandemic Housing Market

1/5/2023

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.

Daniel Hyman, Arnaud Benahmed, Munish Gupta, Bryan Lazarus

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