Real Estate

Urban flight means home improvement trends will become a sustained shift

0


People walk into a house for sale in Floral Park, Nassau County, New York, the United States, on Sept. 6, 2020. Home buyers eying for cozy backyards and more office space are staging bidding wars in the suburbs surrounding New York City amid the spread of the COVID-19 pandemic.

Wang Ying | Xinhua News Agency | Getty Images

As some Americans flee cities and move into suburban or rural areas during the coronavirus pandemic, some analysts are predicting home projects and repairs will shift from a pandemic-induced trend to long-term habit.

That could add up to more sales for Home Depot, Lowe’s and other retailers with wide variety of home improvement items, from paint and tools to kitchen…



Source cnbc.com

Apartments on stilts that use solar power installed above parking lot

Previous article

Job openings top expectations even as rate of hiring slows

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Real Estate