Major issue emerges, RBC, Higher rates, Millennial buyers, Inflation, GTA sales, More

Ottawa housing market: major issue emerging

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25 February 2022

Top news Ottawa housing market: major issue emerging The capital's problems saw new residential listings fall by 58% monthly in December Positive signs in market for millennial buyers: CEO Despite affordability issues, millennial buyers formed a significant percentage of online brokerage's 2021 business Another top-performing team of bankers move to the broker side, joining Vine Group–Mortgage Alliance Vine Group - Mortgage Alliance is very excited to announce that three top-performing mortgage specialists from TD have joined their award-winning team Vine Group CIBC's Tal on how fast interest rates might rise Markets are likely mistaken about the magnitude of the Bank of Canada's rate increases this year Home prices weigh on Canadians looking to retire Inflation is another cause for concern How diverse and inclusive is the mortgage industry? Leading executives speak frankly on the challenges facing the industry RBC: Elevated inflation to persist for much of 2022 Current market forces build the case for the Bank of Canada to go ahead with multiple increases, RBC says GTA home sales start off strong in 2022 The market remains a premier choice for would-be buyers despite pandemic-related disruptions Sagen, CACCS/OACCS launch financial literacy initiative The program will address the core drivers of would-be clients' uncertainty when it comes to mortgages international news Rocket Mortgage parent reveals full-year financial results CEO says the mortgage giant had its best year ever in overall origination Time for advice firms to join forces? There may be greater strength in teaming up Westpac slashes more jobs as margin squeeze continues Big bank cuts 90 positions as part of ongoing streamlining efforts Major bank increases rates on lending and savings accounts The bank was one of the first to respond to the Reserve Bank's lifted cash rate

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