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Bullboard - Stock Discussion Forum Interfor Corp T.IFP

Alternate Symbol(s):  IFSPF

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 > Lennar
View:
Post by lifeisgood1010 on Jun 16, 2021 4:47pm

Lennar

Lennar, the second biggest homebuilder in the US just reported their Q2
The expected delivery for Q3 is up 10%.So we will continu to see healthy demand for
lumber

  • Deliveries of 14,493 homes – up 14%
  • New orders of 17,157 homes – up 32%; new orders dollar value of $7.6 billion – up 56%
  • Backlog of 24,741 homes – up 38%; backlog dollar value of $11.0 billion – up 56%
Mr. Miller concluded, "The housing market has proven to be robust in the current environment and we expect it to continue to be a significant driver in the recovery of the overall economy. As we look ahead to our third quarter, we expect to deliver between 15,800 – 16,100 homes 
 
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