Hero MotoCorp shares fall over 4% as August exports, motorcycle dispatches decline
Hero MotoCorp shares fell after August dispatch data showed year-on-year declines in motorcycle and export volumes, despite strong scooter sales keeping overall dispatches positive. The stock’s one-week loss widened to 4.64%, underperforming the benchmark’s 1.97% decline.
Calgary witnessed a 16.4% decline in home sales in August compared to the same period last year, according to the Calgary Real Estate Board. The overall average home price also decreased year-over-year, falling by 1.1% to $569,800. Chief economist Ann-Marie Lurie noted that while sales in the higher price range have increased due to improved supply, the lower-priced sector has not seen a similar surge, as favorable rental conditions are discouraging homeownership.
Apartment-style homes experienced an 8.2% year-over-year price decrease, dropping to $295,400. Row-style properties were also less expensive by 5.4%, now costing $415,200. Detached homes saw a 1.1% decline, reaching $744,300, while semi-detached homes increased by 1% compared to August 2025, settling at $690,500.
In August, there were 3,141 new listings on the market, a 9.7% decrease from the previous year. Total inventory also fell by 2.3% year-over-year, amounting to 6,509 homes for sale.
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