If you were unable to tune in for our Market Update live, watch the recording above.
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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.