Temporary Road Bumps or the Beginnings of a New Regime
The real estate sector has faced its fair share of headwinds this year. Higher mortgage rates and home prices have weighed on the residential sector, and tighter lending conditions following the regional banking crisis have created a challenging backdrop for commercial real estate. Additionally, it remains unclear whether pandemic-induced disruptions are merely temporary road bumps or the beginnings of a new "regime" within real estate.
In this episode of Insights Now, Dr. David Kelly, Chief Global Strategist at J.P. Morgan Asset Management, is joined by Dave Esrig, a Portfolio Manager at J.P. Morgan Asset Management to discuss the trajectory of the real estate market.