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Stock impact report

Posthaste: Move over Vancouver, Toronto home prices are about to lead the country, forecast says [Financial Post (Toronto, Ontario, Canada)]

Gildan Activewear, Inc. Class A Sub. Vot. (GIL) 
Last gildan activewear, inc. class a sub. vot. earnings: 4/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: gildancorp.com/investors-landing-page
Company Research Source: Financial Post
Toronto will steal Vancouver's title as Canada's most expensive housing market by the end of the year, predicts a new forecast by Royal LePage. Article content After stronger-than-expected sales and price gains in the first quarter of this year, the real estate company has bumped up its forecast for home prices in markets across the country. According to the Royal LePage House Price Survey , which draws data from 63 of Canada's largest housing markets, the aggregate price of a home nationally rose 4.3 per cent year over year in the first quarter of 2024 to $812,100. Article content “Consistent with our previous forecast, the market did reach a critical tipping point in the first quarter of 2024, when home prices bottomed out and began to appreciate again,” said Phil Soper, president and chief executive of Royal LePage. “Clearly, more and more buyers are motivated by the need to get ahead of rising home prices, rather than adopting the strategy of waiting for mortgage rate Show less Read more
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