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Bullboard - Stock Discussion Forum Interfor Corp T.IFP

Alternate Symbol(s):  IFSPF

Forest Products Lumber & Wood Production
Interfor Corporation is a Canada-based forest products company. The Company and its subsidiaries produce wood products in Canada and the United States for sale to markets around the world. It operates through the solid wood products segment. The Company’s product categories include Dimension Lumber, Specialty Lumber and Engineered Wood Products. Its products include Spruce-Pine-Fir, Douglas Fir... see more

TSX:IFP - Post Discussion

Interfor Corp > Homebuilder confidence slips to 10-month low...
View:
Post by sunshine7 on Jun 15, 2021 11:47am

Homebuilder confidence slips to 10-month low...

Data released Tuesday showed the National Association of Homebuilders/Wells Fargo Housing Market Index in June fell two points to 81. Any reading above 80 signals strong demand. The index can range from 0 to 100 with any print over 50 considered positive sentiment So, negative headline, not so bad. 80 is still a long way from 50 !
Comment by morzine on Jun 15, 2021 11:02pm
May monthly housing starts increased by 3,2% in Canada, compared to April.
Comment by morzine on Jun 16, 2021 8:57am
According to the US Census Bureau, privately-owned housing starts in May were +3,6%. Single-family housing starts in May were +4,2%, compared to April. In my opinion, such good starts will help maintain high lumber prices and better SP.
Interfor Corp