CA ETFDetailed Quotes
RIT CI CDN REIT ETF COMMON UNITS
- 15.600
- -0.030-0.19%
15min DelayMarket Closed Dec 27 16:00 ET
15.630High15.510Low
15.630High15.510Low9.09KVolume15.510Open15.630Pre Close141.68KTurnover17.91052wk High0.03%Turnover Ratio28.80MShares14.35152wk Low--EPS TTM449.22MFloat Cap18.626Historical High--P/E (Static)28.80MShs Float2.161Historical Low--EPS LYR0.77%Amplitude0.81Dividend TTM--P/B1Lot Size5.19%Div YieldTTM
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I think what will happen is RE will see a slight bump only to quickly back down and continue its decline. $VANGUARD FTSE CDN CAPPED REIT INDEX TR UNIT (VRE.CA)$ $ISHARES S&P/TSX CAPPED REIT IND ETF UNIT (XRE.CA)$ $BMO EQUAL WEIGHT REITS INDEX ETF TRUST UNIT (ZRE.CA)$ $CI CDN REIT ETF COMMON UNITS (RIT.CA)$
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DanDha : I agree with what you said, but I would like to know why it is like that.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Avaliye OP DanDha : My reasoning here is that, with all the layoffs and the banks tightening their lending, people can no longer afford to hold RE as an investment and they will be looking to dump it fast. They can’t get enough in rent to cover their mortgage and they are likely over leveraged that they risk bankruptcy come renewal while simultaneously they are on the cusp of fear of losing their jobs.
70727465 : More easing measures are expected in Canada, allowing for mortgages of up to 90% loan-to-value without the need for insurance by next year. Additionally, stress tests may be removed, making it easier for buyers to qualify.