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.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

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