appear to have put the brakes on the housing market rebound in many cities and the road ahead for further recovery is expected to be rocky, say economists at the Royal Bank of Canada.
National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Subscribe now to read the latest news in your city and across Canada.Daily content from Financial Times, the world's leading global business publication. Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Create an account or sign in to continue with your reading experience.Share your thoughts and join the conversation in the comments.Don't have an account?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Posthaste: Housing market faces 'bumpy' road amid high interest rates, RBC saysThe Bank of Canada\u0027s latest interest rate hikes put the brakes on the housing market rebound in many cities, RBC says. Find out more.
Source: TheStarPhoenix - 🏆 253. / 63 Read more »
Uday Kotak Seeks Market's Support for Succession PlansUday Kotak, Asia's richest banker, plans to remain on the board of Kotak Mahindra Bank after stepping down as CEO. However, the bank's recent underperformance poses a risk to his succession plans. The Reserve Bank of India will consider this as it decides on a successor from within the bank. Promoting family members is common in Indian conglomerates, but rare for a bank. The stock's underperformance since April makes the RBI's decision more challenging.
Source: Breakingviews - 🏆 470. / 51 Read more »
Uday Kotak Seeks Market's SupportUday Kotak, Asia's richest banker, plans to remain on the board of Kotak Mahindra Bank after stepping down as CEO. However, the bank's recent underperformance poses a risk to his succession plans. The Reserve Bank of India will consider this as it decides on a successor from within the bank.
Source: Breakingviews - 🏆 470. / 51 Read more »