|Bid||74.24 x 1300|
|Ask||75.00 x 2900|
|Day's range||74.70 - 75.60|
|52-week range||51.48 - 80.82|
|PE ratio (TTM)||N/A|
|YTD daily total return||34.86%|
|Beta (5Y monthly)||1.47|
|Expense ratio (net)||0.35%|
The housing market continues to be characterized by low inventories and soaring prices, with year-over-year deceleration not expected until January 2022. Within this hot market, Tricon Residential President and CEO Gary Berman believes that the best new asset class may be single-family rental properties.
Tricon Residential President and CEO Gary Berman joins Yahoo Finance Live on the company’s listing day in the U.S. to discuss the state of the housing market and what his company sees as the best new asset class in real estate.
Pending home sales, a leading indicator of the health of the housing market, rose in August, reversing two straight months of declines.