Joe Raedle / Getty Images
- Home Depot and Lowe’s may be facing a decline in the home-improvement boom that has boosted sales over the last several years.
- Remodeling expenditures in the United States are set to rise over the course of 2019 — but the rate of growth is expected to decline between quarters.
- A Lowe’s spokesperson told Business Insider that the company was heartened by “rising residential investment and home prices.”
It’s looking like the remodeling boom is starting to fade in the United States — and that slowdown may have implications for home-improvement retailers like Home Depot and Lowe’s.
Over the last several years, home-improvement sales have soared. The good times even seeped into US pop culture, as remodeling-oriented reality shows like “Fixer Upper” have become TV juggernauts.See the rest of the story at Business Insider
NOW WATCH: This new solar-powered home development store is coming after Home Depot
See Also:
- We visited Amazon and Barnes & Noble bookstores to see who does it better — and the winner is clear
- Secret scoring systems could be keeping you from credit-card deals and bigger discounts in stores
- NASA teamed up with Vans to create a line of celestial shoes and clothes — and some are already selling out
SEE ALSO: Home Depot employees share 10 insider facts many shoppers don’t know
DON’T MISS: Lowe’s is kicking off an entire month of Black Friday deals
