HD · News · 20260826N

Interest Rate and Housing Pressure

HOME DEPOT, INC. · 2026-08-26 · Importance 17 · Surprise 24

Higher mortgage costs are weighing on consumer spending on home-improvement projects in the United States. The weak or “frozen” housing market is shifting demand toward smaller projects and reducing transaction volumes. A potential recovery remains dependent on mortgage rates falling and housing activity improving.

Key facts

• High mortgage rates are shifting demand to smaller projects, affecting Home Depot's results. source