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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 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. Remember, as Shubha stated, “The harder we work, the luckier we get”. He speaks on the impact of business development as a result of the labour strike and how it will impact clients.

Additional information was shared on how the strike will affect delays in construction. Buyers and sellers are trying to get deals done, making payments, and thinking more about waiting on prices to come down before they make a purchase. This is important to note as a broker so that you can get in front of your clients and explain how there is no better time than now!

Resource Links

TREBB Stats
TREBB Graphs
Some buyers see opportunity in Toronto market slow down
Fewer people buying homes in Toronto
A new ‘normal’ glimpsed in Ottawa real estate as April home sales drop, listings increase
Hamilton home prices drop for second month in a row as sales decrease: RAHB
Construction Worker Strike
RBC Economics

Social Media Content

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

Important Updates

Are you compliant? Understanding what Mortgage Fraud looks like.

Up and Coming Industry Events

Mortgage Awards of Excellence – May 10th

Nominations:

  • Community Service Award: Shubha Dasgupta
  • Best Commercial Mortgage Brokerage of the Year – Michel Durand MCommercial
  • Best Media Marketing Campaign of the Year – Pineapple
  • Best Product or Innovation Award – MyPineapple
  • Digital Innovation in a Brokerage