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Home Depot Stock Dips Despite Rising Homeowner Interest in Improvement Projects

Home Depot Stock Dips Despite Rising Homeowner Interest in Improvement Projects

Author:

Global Cryptocurrency

Published:

2025-10-23 16:53:02

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BTCCSquare news:

Home Depot shares fell nearly 2% in Thursday afternoon trading, defying expectations of a boost from renewed homeowner interest in improvement projects. The UBS Evidence Lab Housing Intentions Survey revealed 59% of homeowners plan renovations in the coming year, with 53% likely sourcing supplies from Home Depot.

Seasonal trends typically favor home improvement retailers as households prepare for holiday gatherings. Yet investor skepticism persists, overshadowing Home Depot's dominant market position and value-oriented appeal to cost-conscious shoppers.

By:

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