TSX:AX.PR.E - Post by User
Post by
garyreinson Oct 23, 2024 8:50pm
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Post# 36279486
GUYS MAN
GUYS MANHow does XRE and most cad reits follow the *identical chart of the TSX, DOW, and S & P today and on 830k volume well the US REITS keep getting more expensive. The trailing yield on VNQ is 3.7% lower than the bond yield.
This is just ridiculous man.
If you just suggest that canadian reit sector performed exactly like the US in past 18 months, all of us wouldnt be here reading stock house, we'd have huge profits and be retired.
Something just stinks with these discounts
TD report summed it up best, the multiples of cad reits versus US are off by almost a magnitude of 2x.