ilmscore | Home Improvement Spending Predictions
N/A
Accuracy

Recent Predictions

Total: 6
Correct: 0
Incorrect: 0
Pending: 6
Unrated: 0
Prediction
Author
Predicted at
Status
Video
Lowe's CEO predicts that Americans will delay kitchen remodels and other home improvement projects until interest rates decrease, with expectations of reduced spending on these items through the end of 2024 and into 2025.
"Americans are waiting to remodel their kitchens until interest rates start falling and number two Lo..."
Aug 21, 2024
Pending
Lowe's predicts reduced spending on home improvements and new home purchases through the end of 2024 and likely into 2025.
"Lowe's expects Americans to spend less money on Home Improvements they expect to spend less money on..."
Aug 21, 2024
Pending
Home Depot is forecasting lower sales, indicating that Americans are struggling financially and waiting for interest rate cuts to finance home improvement projects.
"Home Depot reported last week and they said essentially the exact same thing that they're predicting..."
Aug 21, 2024
Pending
Lowe's expects reduced consumer spending on home improvements through the end of 2024 and into 2025.
"Lowe's expects Americans to spend less money on Home Improvements they expect to spend less money on..."
Aug 21, 2024
Pending
Consumers are delaying home improvement projects, waiting for interest rates to fall to make borrowing cheaper and stimulate this spending.
"because interest rates are expected to fall people are just deferring their home improvement project..."
Aug 15, 2024
Pending
Home Depot projects a 3-4% decrease in sales for the remainder of 2024, a revision from earlier, less negative predictions.
"now they're predicting sales to fall in their own stores between 3 to 4 % between now and the end of..."
Aug 14, 2024
Pending