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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!

 

 

If you were unable to tune in for our Market Update live, watch the recording above.
Please click here and refer to the related tab of this article to access the slide deck.

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 regarding insured, insurable, uninsurable, and rental. He shares information on the bond yield spike, its impact on interest rates, and how it will affect homeowners.

The possible rate hike and the negative impact that it is having on the market were discussed. These rising rates don’t impact the higher-end real estate market. He further shares information on how the affordability of renting compared to mortgage, how important it is for agents to know the difference between the two, and how valuable purchasing is compared to renting.

Resource Links

Rising Rates Pose Risk To Affordable Housing Program
Are townhouses the new forever home
Small business in Trouble
Hot vs. Not markets
Housing correction won’t stop real estate from rising long-term

Social Media Content

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

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