Existing home sales in the United States dropped in October: what are the impacts for investment choices?
Sales fall due to less affordable properties following the rise in interest rates, high prices and shortages of inventories, as well as persistent uncertainty fueled by Covid, the war and the economic slowdown.
We are a private Bank focused on Private Banking. Based in Milan, we have been in the business for 100 years. We are part of an international group specialising in Wealth Management that includes the Switzerland-based PKB Private Bank SA as well as other Entities providing Asset Management and fiduciary services. This allows us to offer solutions typical of a broader financial network.
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