Bullboard - Stock Discussion Forum Canfor Corp T.CFP

Alternate Symbol(s): CFPZF

Forest Products Lumber & Wood Production

Canfor Corporation is an integrated forest products company. The Company operates through two segments: lumber segment and pulp and paper segment. The Company’s solid wood products include dimension lumber, specialty lumber and engineered wood products. The dimension lumber products include Spruce Pine Fir (SPF), Southern Yellow Pine (SYP), Douglas Fir Larch (DFL) and Canfor Red. The specialty... see more

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Canfor Corp > March US housing starts

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Post by lifeisgood1010 on Apr 16, 2021 9:12am

March US housing starts

WASHINGTON — U.S. homebuilding rebounded more than expected in March, but soaring lumber prices amid supply constraints could limit builders’ capacity to boost production and ease a shortage of homes that is threatening to slow housing market momentum.

Housing starts surged 19.4% to a seasonally adjusted annual rate of 1.739 million units last month, the Commerce Department said on Friday. Economists polled by Reuters had forecast starts would rise to a rate of 1.613 million units in March.

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