TSX:CFP - Post Discussion
Post by
lifeisgood1010 on Nov 10, 2020 10:31am
Pent up demand
With the lumber spike in the past few months, i beleive there was a lot of project that were
put on the back burner.
We have seen very high price for a month of october and soo far november is shaping up to
be also very strong.
DR Horton.Backlog up 96%
DR Horton one of the biggest homebuilder in the USA reported this AM.
It looks like 2021 is going to be a very good year.
The Company's sales order backlog of homes under contract at September 30, 2020 increased 96% to 26,683 homes and 98% in value to $8.2 billion compared to 13,613 homes and $4.1 billion at September 30, 2019.
With 38,000 homes in inventory, an ample supply of lots and continued strong sales trends in October, we are well-positioned for another great year in fiscal 2021."
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