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ZCAN - 'Optimism' Rises And Falls With Price. It Should Be The Other Way 'Round
September, 29 2020 08:20 PM
SPDR Solactive Canada ETF
Before we bank on housing 'optimism,' it's important to appreciate that positive sentiment readings rise and fall in lockstep with the price. Realtors are reporting that city dwellers are moving out of condos and many are looking for less urban areas with more green space between neighbours. Canadian household incomes, meanwhile, have risen about half the pace of home prices, gaining 45% from $60,600 in 2005 to $87,930 in 2018. For further details see:
'Optimism' Rises And Falls With Price. It Should Be The Other Way 'Round
Stock Information
Company Name:
SPDR Solactive Canada ETF
Stock Symbol:
ZCAN
Market:
NYSE
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