HomeImprovement

Australians Opt for Home Renovations Over New Constructions, Says KPMG

27 days ago

In a recent report released by KPMG, a notable shift in Australian homeowners' preferences has been identified. Rather than pursuing new home builds, many Australians are choosing to invest in renovations and upgrades to their existing properties. This trend comes amid a significant decline in the overall housing market, fueled by escalating interest rates, economic uncertainty, and rising construction costs.

Kingfisher Experiences Significant Decline Amid Economic Uncertainty

28 days ago

In a notable shift in the retail landscape, Kingfisher PLC, the prominent UK-based home improvement retailer, has reported a sharp decline in its stock value following a contraction in its annual profit outlook. The company attributes this downturn primarily to ongoing budget uncertainties among consumers, which have instigated shifts in buying behavior and confidence levels.

Lowe's Boosts Sales Forecast Amidst Upturn in Housing Investments

1 month ago

Lowe's Companies, a prominent player in the home improvement retail market, recently announced an adjustment to its sales forecast, aligning with a noticeable recovery in housing expenditures. This update signifies a promising outlook for the retail giant as it prepares to capitalize on the uptick in home renovation and improvement spending.