Housing Market Growth Proves Profitable For Home-Improvement Stores

The housing market continues to improve, helping many home-improvement retailers gain more revenue as more consumers invest in home projects. Home Depot Inc, the largest home improvement retail store in the United States posted their first-quarter profit showing their net income had increased by 18% to $1.23 billion. As home prices rise, more homeowners and homebuyers are gaining enough confidence to begin housing projects and spend more money on home improvements. More here

Leave a Reply

Your email address will not be published. Required fields are marked *