Home Affordability to Improve in Canada as Rates Fall and Incomes Rise, BMO Says [Yahoo! Finance]
![Yahoo! Finance](../../../Content/images/providers/Yahoo! Finance.png)
Bank Of Montreal (BMO)
Last bank of montreal earnings: 2/25 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
bmo.com/main/about-bmo/banking/investor-relations/home
Company Research
Source: Yahoo! Finance
(Bloomberg) -- One of Canada's biggest banks says housing affordability is poised to gradually get better — but not enough to bring it close to pre-pandemic levels. Most Read from Bloomberg Wells Fargo Fires Over a Dozen for ‘Simulation of Keyboard Activity' Southwest Plane Plunged Within 400 Feet of Ocean Near Hawaii Tesla Investors Get Behind Musk's Fight for $56 Billion Pay Deal Bump Stock Ban Tossed Out by Supreme Court in Gun-Rights Win Apple to ‘Pay' OpenAI for ChatGPT Through Distribution, Not Cash A combination of falling interest rates, roughly flat home prices and rising incomes will make buying a home easier for more Canadians, Bank of Montreal economists Robert Kavcic and Sal Guatieri wrote in a report to investors. Even in this scenario, however, affordability will still be “strained” by 2027, they said. Their forecast assumes a decline of 75 basis points in five-year mortgage rates to 4.25% and flat home prices in 2024, followed by three years of 3% annu
Show less
Read more
Impact Snapshot
Event Time:
BMO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BMO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BMO alerts
High impacting Bank Of Montreal news events
Weekly update
A roundup of the hottest topics
BMO
News
- Analysis-Struggling truckers dent loan books for Canadian banks [Yahoo! Finance Canada]Yahoo! Finance Canada
- GFL Stock Rose 24% Last Month: Is It Still a Buy in July? [Yahoo! Finance Canada]Yahoo! Finance Canada
- Canadian Banks' Ratings Affirmed by Fitch, TD Bank Outlook Cut [Yahoo! Finance]Yahoo! Finance
- KKR Nears Deal to Purchase $2 Billion of Orange Bank Loans [BNN Bloomberg (Canada)]BNN Bloomberg
- Bank of Montreal (TSE:BMO) Is Paying Out A Larger Dividend Than Last Year [Yahoo! Finance]Yahoo! Finance
BMO
Earnings
- 5/29/24 - Beat
BMO
Sec Filings
- 6/21/24 - Form FWP
- 6/21/24 - Form FWP
- 6/21/24 - Form FWP
- BMO's page on the SEC website