Home improvement in the US

Home improvement chain Lowe’s predicts more Americans will renovate their houses this year rather than buy a home in a market where prices are rising. While Home Depot, Loses largest competitor, makes the bulk of its sales to contractors (who bill more), Lowe’s sells a wide range of do-it-yourself projects mainly to individual home owners. Lowe’s US comparable-store sales rose 2.4 percent during the fourth quarter ended February 1, 2019, with growth of 5.8 percent in January.