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Pineapple Market Update

Become a more informed mortgage broker alongside our CEO, Shubha Dasgupta. Get timely information on the housing market, mortgage industry and the Canadian economy so you can serve your clients better!

 

 

Summary

In this training session our CEO Shubha Dasgupta takes us through the weekly market update. He kicks off the meeting with rate updates for Prime Lenders and Alt Lenders. He highlights the rate percentage for insure, insurable, uninsured and rental. Clients having options outside of the big 5 banks and how beneficial this can be for them were discussed.

The House Price Index is up by 13% and the average resale of home prices is coming back after the uptick throughout the year. He also explains pre-construction struggles and the delay in launching condos, especially in Toronto. As a result of this investors are moving to invest in other Provinces. Due to what is happening in the current market, it is important for agents to start looking for opportunities and making sure that they exist.

Resource Links

Real Estate Sellers Need to Sharpen their Prices
When will Canadian Home Prices Bottom
Non-Bank Lender Activity Remains Strong
Toronto Sales Continue to Plummet

Social Media Content

Please click here to access the Market Update recap video story that you can use to post on your social platforms.