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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 Market Update, our CEO Shubah Dasgupta, shares information on the most updated market. He explains the update on interest rates and the percentage of what’s happening in the market, in regards to insured, insurable, uninsurable, and rental. The recent update on inflation, and how this will impact us throughout the rest of the year was highlighted.

The difference between fixed and variable rates is sinking and consumer confidence has dropped but not as bad as during the height of the pandemic. He also shared that with sellers’ expectations changing rapidly and the unpredictability of the real estate market, agents need to be more prepared by having a strategy and a plan. He further explained that setting clear expectations as to what are the possibilities and options for clients is paramount in the market today. He ends the session by answering questions.

Resource Links

How the Central Bank’s latest big hike is squeezing Canadians with mortgages
MPAMAG – Best mortgage products
How are home construction and renovation faring in Toronto

Social Media Content

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