Home Remodeling Forecast 2024 – Home Depot forecast full-year results below analysts’ estimates on Tuesday, signaling that lackluster demand would continue to affect the company this year as people tighten spending on home . Home Depot, a bellwether of the housing market and US economy, said sales dropped over the winter and it’s a expecting a slow 2024. .
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Home Remodeling Forecast 2024 Home Remodeling Market Projected to Contract by 2024 | Joint : For 2024, Home Depot is expected to forecast roughly flat comparable sales, improving from an estimated 3.2% decline in 2023, according to LSEG data. Lowe’s is likely to forecast a 1.1% drop, compared . Home Depot beat earnings and overall sales expectations in the fourth quarter despite cooling demand. But the retailer’s outlook painted a mixed picture, sending home improvement stocks lower Tuesday. .
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