Economy & Markets
Asset Allocation Chart of the Month
By Crit Thomas, CFA, CAIA, Erik M. Aarts, CIMA, Brian Cheyne, CFA, CIMA
Home prices are rising as current homeowners are locked into their existing low mortgage rates, while those wanting to buy a home are locked out due to high current mortgage rates. We believe it will take years for these unfavorable supply and demand conditions to normalize.