Canadian Home Sales Brace for 30% Drop on Virus [Yahoo! Finance News]
RE/MAX Holdings, Inc. Class A (RMAX)
Last re/max holdings, inc. class a earnings: 2/20 04:10 pm
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Source: Yahoo! Finance News
) -- Real estate listings are drying up, open houses have been canceled, and buyers are staying home. One more pillar of the Canadian economy is under threat from the coronavirus pandemic.What was a roaring start to the spring house-hunting season has ended in a whimper. By the time the dust settles on what’s likely to be months of disruption, Canada could see resales plunge 30% to a 20-year low and the first nationwide drop in prices since 2009, according to Royal Bank of Canada.“This is freezing the market,” John Pasalis, president of Toronto property brokerage Realosophy Realty, said in a phone interview. “The best-case scenario is we see an improvement in activity in the fall. I don’t think anyone’s really expecting anything before that.”Real estate, along with residential building construction, accounted for almost 15% of Canada’s output last year, ahead of energy at about 9%. It has been a key driver of growth in Toronto, Vancouver and Montreal, where an influx of immigrants has
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News
- RE/MAX HOLDINGS LAUNCHES THE RE/MAX MEDIA NETWORK, THE FIRST IN REAL ESTATE [Yahoo! Finance]Yahoo! Finance
- RE/MAX HOLDINGS LAUNCHES THE RE/MAX MEDIA NETWORK, THE FIRST IN REAL ESTATEPR Newswire
- RE/MAX NATIONAL HOUSING REPORT FOR NOVEMBER 2024 [Yahoo! Finance]Yahoo! Finance
- RE/MAX NATIONAL HOUSING REPORT FOR NOVEMBER 2024PR Newswire
- RE/MAX Holdings, Inc. (NYSE: RMAX) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
RMAX
Earnings
- 10/31/24 - Beat
RMAX
Sec Filings
- 12/19/24 - Form 4
- 11/21/24 - Form 4
- 11/20/24 - Form 4
- RMAX's page on the SEC website