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Home/News Feed/Home Depot set to benefit from $518B home renovation boom amid high mortgage rates and aging US homes.
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Home Depot set to benefit from $518B home renovation boom amid high mortgage rates and aging US homes.

Market News
17 Jun 2026
Forbes
View Source
Bullish
pluang ai news

High mortgage rates are encouraging homeowners to renovate rather than move, fueling a projected $518 billion remodeling market this year. The average American home is 44 years old, requiring urgent repairs that drive demand for home improvement products. Home Depot, the largest home-improvement retailer, is well positioned to profit from this trend with strong cash flow, a rising dividend, and AI-powered tools boosting contractor efficiency. As mortgage rates potentially fall later, a new home buying surge could further benefit Home Depot, making its current undervalued stock an attractive investment opportunity.

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