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Home Improvement Sales Surge

June 29, 2020

What are we doing while sheltering in place? Apparently we’re busy improving our homes, among other things. Home improvement retailers are finding a surge in sales. Home Depot’s sales climbed 6.4 percent and Lowe’s sales rose 11.2 percent, according to first-quarter earning reports. Furthermore, purchases for home improvement items increased 71 percent since last month, according to market research firm Rakuten Intelligence. Seems as if we are investing in our work-from-home spaces to create a separation from work and our personal lives. Good idea as we don’t know when things will return to “normal” (if ever). 

Tagged With: Home Depot, home design, Home Improvement, Interior Design, Work spaces

CA BRE #01211313

Coldwell Banker Residential Brokerage
CA BRE #00616212

5 Moraga Way
Orinda, CA 94563

info@lamorindahomefinder.com

Office: 925-923-4600
Mobile: 925-878-2334
DRE: #01211313

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