TSX:REAL - Post Discussion
Post by
Possibleidiot01 on Oct 29, 2024 3:59pm
Trevor Rose's Insights
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research Company Highlight: Real Matters Inc. (REAL)
Real Matters Inc. (REAL) stock price was up 20% on the month, 45% year-to-date, and 48% over the past year. REAL continues its impressive run over the last year and was last mentioned in the August edition of this blog. The stock has a 52-week range of $4.43-$9.46.
REAL operates in the real estate appraisal and title service industry in North America, the company plays an essential role in the value chain of the real estate market by helping mortgage lenders reduce the risk of lending and meet regulatory requirements. In addition, REAL also provides insurance inspection services by ensuring all the historical and current owners of the property are taken into account during the due diligence process, maintaining transparency between buyers and sellers. REAL generates revenue by providing local knowledge and expert opinions on the fair market value of a residential property.
There was no company specific news that drove September’s share price gains. REAL continues to be highly sensitive to rates and the housing markets. With the US making their first rate cut in September,
this likely improved investor outlook for housing market activity generating investor optimism around REAL.
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