15.015High14.800Low388.76KVolume14.900Open14.860Pre Close5.81MTurnover17.51052wk High0.41%Turnover Ratio93.90MShares13.74052wk Low--EPS TTM1.40BFloat Cap18.466Historical High--P/E (Static)93.90MShs Float2.818Historical Low--EPS LYR1.45%Amplitude0.82Dividend TTM--P/B1Lot Size5.50%Div YieldTTM
DanDha : I agree with what you said, but I would like to know why it is like that.![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
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.