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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

Our CEO Shubah Dasgupta, shares information on the most updated market in this Market Update. He shares the quote: “Short-term pain for long-term gain.” 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 that the economy is still strong and how candidate-driven the market is.

The booming population, changes in rents, and the home market was also explained, and he urged agents to take advantage of this. In addition, he speaks about the contrast in affordability and how severe it is, but not everywhere. With this in mind, he shares a visual representation of monthly mortgage increases and how much these increases have added up and impacted clients’ households.

Resource Links

Rising rates test foundations of property boom
Variable rate mortgage borrowers enduring fastest rate hikes
Wealthier Clients Crowding Out First Time Buyers
Canadians are house rich but heavily in debt
Luxury Picking Up Steam
In divorce the cottage is fair game

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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