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Economist Predicts Housing Affordability Returns Amid Optimism

6/29/2025

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Summary

Story summary

BMO economist Robert Kavcic predicts housing affordability will return to pre-pandemic levels.
Recovery is supported by low interest rates and population growth driving demand.
BofA Securities conference shows optimism for copper and gold, while oil is less likely to excel.
OSFI keeps the Domestic Stability Buffer at 3.5%, reflecting strong bank capitalization despite systemic risks.

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Story summary

BMO economist Robert Kavcic predicts housing affordability will return to pre-pandemic levels.
Recovery is supported by low interest rates and population growth driving demand.
BofA Securities conference shows optimism for copper and gold, while oil is less likely to excel.
OSFI keeps the Domestic Stability Buffer at 3.5%, reflecting strong bank capitalization despite systemic risks.