(Reuters) -Lowe’s Cos on Tuesday joined larger rival Home Depot in signaling a slower recovery in the home-improvement market as consumers remain tight-fisted against the backdrop of elevated prices and…
Tag: sales
Home sales could plunge in 2023. These cities could see the biggest dips.
Home sellers should brace themselves for a tough year ahead, with one real estate group forecasting that property sales could tumble in 2023 as more buyers are sidelined by rising…
Apartment-Building Sales Have Dropped, in Ominous Sign for Real Estate
Multifamily apartment buildings have soared in popularity with investors over the past two years. With interest rates doubling in the past year, trading has all but halted. Valuations are in…
The refugee exodus from Ukraine to Poland helps limit sales slump at home improvement retailer Kingfisher
By Steve Goldstein The exodus of refugees from Ukraine to Poland helped U.K.-headquartered home improvement retailer Kingfisher limit the damage from a return to normalcy compared to the coronavirus pandemic.…
Home Depot 2Q Sales up on Home Improvement Project Demand
By MICHELLE CHAPMAN, AP Business Writer Home Depot is seeing sustained demand for goods related to home improvement projects despite soaring prices and mortgage rates for homes. Revenue for the…