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Bullboard - Stock Discussion Forum Doman Building Materials Group Ltd CWXZF


Primary Symbol: T.DBM

Doman Building Materials Group Ltd. is an integrated national distributor in the building materials and related products sector. The Company operates various distinct divisions with multiple treating plants, planing and specialty facilities and distribution centers coast-to-coast in various cities across Canada and select locations across the United States. The Company operates 21 treating... see more

TSX:DBM - Post Discussion

Doman Building Materials Group Ltd > Housing Starts Jump 16% in July
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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.
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