posted June 07, 2022 05:29 pm by pierrelebel
(183)
"Yield now over 10% but..." There is no "but". Look at 2020 and early 2021 when few real estate transactions took place and, when they did, the price and related commission
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posted May 26, 2022 02:15 pm by HermannHaller
(114)
My sister sold her house yesterday: GTA suburbs, 5 offers, 113% of asking price. The rumours about the housing slowdown seem greatly exaggerated.
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posted May 11, 2022 07:16 am by amugsgame
(10)
Yield now over 10% but the Cdn housing market is in flux. 2022 was a banner year for RLP but this year will be different as major markets move to a more balanced scenario. On the other hand most of
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posted May 03, 2022 08:55 am by HermannHaller
(114)
Record home sales in Calgary https://www.bnnbloomberg.ca/calgary-housing-market-sees-record-high-sales-for-april-1.1760138
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posted May 02, 2022 07:36 am by amugsgame
(10)
Ok - that came quicker than I thought - down to sub-$14 in just a few weeks. Would have been short if the volume was higher. May still drop to the low $13 range before finding support.
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posted April 29, 2022 04:52 pm by pierrelebel
(183)
"Now is the time to load up" I totally agree. Lots of selling lately. Shares now trading at $13.99 yielding 9.65% The dividend has been maintained for five years, including during
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posted April 26, 2022 01:32 pm by HermannHaller
(114)
If you can stomach the near term worries, the yield is now 9.3%. And the housing market? CREA reports that March activity was 2nd highest of all-time, about 25% above the 10-year average. I think
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posted April 18, 2022 12:16 pm by amugsgame
(10)
Dividend may be safe but the SP is already down about 10% in the last few months and will fall further as house sales slow and income drops - isn't difficult to peer into the crystal ball and see
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posted April 13, 2022 05:06 pm by pierrelebel
(183)
The dividend is "safe". You will find very few Canadian companies offering a tax advantaged 8.5% yield. The dividend has been stable for the last five years ($0.1125) since September
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posted April 13, 2022 09:39 am by amugsgame
(10)
While it's been good times to collect the div over the last while, the return on that may be offset by a changing real estate market and diminishing income.
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posted March 08, 2022 10:35 am by JayBanks
(176)
I just bought 680 shares in 2 bundles at 15.65 and 15.00. I'm surprised at this violent sell off, the first report I seen of the quarterly looks pretty solid. Was there some bad guidance
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posted January 17, 2022 09:26 am by HermannHaller
(114)
https://www.newswire.ca/news-releases/canadian-home-buyers-face-record-listings-shortage-to-begin-2022-860005649.html
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posted October 18, 2021 06:20 pm by Betteryear2
(3281)
TORONTO, Oct. 18, 2021 /CNW/ - Bridgemarq Real Estate Services Inc. ("Bridgemarq" or the "Company") (TSX: BRE) today announced a cash dividend of $0.1125
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posted August 10, 2021 08:06 am by HermannHaller
(114)
BRE continues to benefit from a strong Cdn real estate market. Revenues and cash flows are up big from Q2 last year. The number of realtors is also growing, with more than 500 added YTD. Since Q2
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posted July 06, 2021 08:39 am by HermannHaller
(114)
Toronto Real Estate Board now expects 115,000 transactions in 2021. This compares to 95,115 in 2020 and 87,749 in 2019. The news headlines today are all about the real estate market slowing down from
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