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Home Improvement
Trends
- 1Housing market tilts toward buyers, but shoppers stay skeptical●Housing market shifting toward buyers, but they’re still not feeling it
Housing conditions are shifting in favor of buyers as inventory grows and sellers lose some leverage, yet consumers say prices and affordability still do not feel favorable. The gap between market data and buyer experience is the focus of new commentary, with observers noting that improvements on paper have yet to translate into relief for shoppers, who remain cautious amid elevated mortgage rates and still-high home prices.
- 2Lowe's launches new service in bid to win back customers●Lowe’s launches a new service as it works to win back customers
Lowe's has launched a new service as the home improvement retailer works to win back customers. The company is trying to reverse weak traffic amid a slowdown in home improvement spending, as consumers put off big renovation projects and rival Home Depot continues to compete for the same shoppers. Details of the service and early customer reaction remain limited.