In a somewhat odd trend, rising mortgage rates are moving in tandem with increasing housing prices in many markets, leaving some housing analysts to explain this non-customary situation.

Typically, rising mortgage rates result in leveled off or even falling home prices because fewer people can afford to buy and typically that trend eventually cools a torrid housing market.

But so far that hasn't happened. John Beacham, CEO of Toorak Capital Partners explains why. 

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.