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Tag Archives: Industry News

Existing-Home Sales See Modest Rise in May

Existing home sales October

Existing-home sales increased in May, according to the National Association of Realtors’ Existing-Home Sales Report. Sales rose in the Northeast, Midwest and South, and decreased in the West. According to the report, total existing-home sales increased 0.8% month-over-month to a …

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HIRI Fast Facts: Consumer Spending

HIRI Fast Facts

The Home Improvement Research Institute (HIRI) U.S. Size of the Home Improvement Market Report is a monthly benchmark for how the industry is faring. See four fast facts from the study: Consumer Spending Drives the Market The home improvement market …

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Overall Housing Starts Down in May

May builder confidence

According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, overall housing starts in May decreased 9.8% to a seasonally adjusted annual rate of 1.26 million units. Single-family starts increased 0.4% to a 924,000 seasonally …

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Home Depot Announces Northernmost Store in Canada

Home Depot Canada

The Home Depot Canada recently announced the opening of their newest store location in Fort McMurray, Alberta, opening in the spring of 2026. The store will be Home Depot Canada’s 28th store in Alberta and its northernmost store in the …

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Retail Sales Continue to Grow in May

May retail sales

Retail sales in May continued to grow despite a slowdown on stocking up ahead of tariffs, according to the CNBC/National Retail Federation’s (NRF) Retail Monitor. “The data for May indicates that the pull-forward in consumer demand ahead of tariffs is …

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