Post by
Donwaan on Aug 16, 2024 9:34am
Housing Starts Jump 16% in July
Canadian housing starts rose sharply in July, exceeding market expectations and climbing to their highest levels in over a year, driven by the construction of multi-unit dwellings like condominiums. https://www.marketwatch.com/story/canada-housing-starts-jump-16-in-july-to-279-509-update-193d3d73?mod=home-page
Comment by
pennydredful on Aug 16, 2024 7:03pm
high rise concrete towers are of little use to Doman as wood usage is low.
Comment by
Donwaan on Aug 17, 2024 12:53pm
Multi-unit dwellings here in BC are usually built of wood up to 5 or 6 stories high.
Comment by
TheBridge on Aug 16, 2024 7:05pm
And expect the same to start happening in the USA after the September interest rate cut. Should turn out to be a decent share price by year end.