Stock price change of the selected Canadian REITs during COVID-19 2020
Between February and April 2020, the value of H&R REIT's stocks decreased by 59.87 percent. Their stock price fell from 21.68 Canadian dollars to 8.40 Canadian dollars in this period. In contrast, the average loss on the Toronto Stock Exchange (TSX) was 19.18 percent for the same period, as the coronavirus outbreak in the end of 2019 had a significant impact on the real estate investment sector in Canada.
