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Home Depot breaks same-store sales slump in US housing market that remains stressed

Summary by Ottumwa Courier

Home Depot broke a two-year slump in same store sales during the fourth quarter as customer demand improved in a housing market that has been buffeted by soaring mortgage rates and a scarcity of homes up for sale. Revenue for…

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Ottumwa Courier

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Home Depot breaks same-store sales slump in US housing market that remains stressed

15 days ago

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abc News

Home Depot breaks same-store sales slump in fourth quarter with customer demand improving

15 days ago·United States

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Trading Tips

A Sticky Housing Market Isn’t Too Bad for Related Stocks

Mortgage rates still remain near 7%. And many borrowers were able to refinance well under 5% in recent years. That’s keeping potential sellers on the sidelines, as the cost to carry a mortgage factors heavily into the total cost. While the housing market remains sticky, homeowners continue to spend on projects to maintain the value of their home. And that bodes well for companies that provide those goods and services to homeowners. For instance,…

13 days ago

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Finance & Commerce

Home Depot s Q4 sales break two year slump

15 days ago

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HousingWire

What Home Depot's earnings say about the 2025 housing market

Home Depot expects same-store sales in 2025 to be just 1.0% better than this past year, an indication that the housing market will remain slow. That 1% growth projection is below the 1.65% rate expected by Wall Street analysts, and comes on the back of a fairly disappointing 2024, in which elevated mortgage rates, inflation and high home prices led to fewer home-improvement projects despite record levels of home equity. “While there are signs th…

15 days ago

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