10:03:08 EDT Thu 01 Oct 2026
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Bank of Montreal
Symbol BMO
Shares Issued 695,092,237
Close 2026-09-30 C$ 237.97
Market Cap C$ 165,411,099,639
Recent Sedar+ Documents

Post says BMO's Kavcic sees house prices staying flat

2026-10-01 09:30 ET - In the News

The Financial Post reports in its Thursday edition that BMO Capital Markets economist Robert Kavcic says the housing market remained balanced nationally, but people are still buying and selling fewer homes than was typical before the pandemic-era boom and there's little on the horizon that would cause sales or prices to sharply rebound. The Post's Gigi Suhanic quotes Mr. Kavcic saying in a note to clients, "Speculation is gone, investors are absent and prices are holding flat alongside low and stable volumes." Other economists are calling for prices to fall. "While we had previously anticipated a stabilization this year, we now expect house prices to fall a bit further in the coming months," Ariane Curtis at Capital Economics said in a report. Home sales fell 0.7 per cent In August from July, and the national benchmark price was flat month-over-month. At the mid-point of this year, TD had called for home sales to fall 3 per cent in 2026. It also predicted flat prices for the year, which it still does. TD doesn't see any borrowing relief in the near term. It is now calling for the yield on the five-year bond to hit 3.6 per cent in the third quarter, compared with a June forecast of a yield of around 3 per cent.

© 2026 Canjex Publishing Ltd. All rights reserved.