On Wednesday the S&P 500 was flat and and Toronto was down 0.1%.
Stantec was up 1.4%. Melcor was down 1.25% to $25.98 as the interest that had been generated this Summer by the RBC analysis that it was really worth more like $35 has waned. I will buy a little more if it dips to $25.10 as I havce an order in at that level.
Also on the theme of real estate I am looking forward to see Toll Brothers results on September 3. I expect them to be good but really an expectation for continued earnings growth is already reflected in the stock price. So they might need to be better than just good to move the stock price. What they have to say about the outlook may be more important than the quarterly earnings.