HD · News · 20260922N

Interest Rate and Housing Pressure

HOME DEPOT, INC. · 2026-09-22 · Importance 32 · Surprise 24

Home Depot CFO Richard McPhail described the U.S. housing market as “frozen,” citing an unprecedentedly low level of housing turnover lasting four years. Only 2.8% of homes changed hands during the first nine months of 2025, according to the report. High interest rates and limited housing turnover are pressuring home-improvement demand by reducing mobility and delaying discretionary projects.

Key facts

• Home Depot stock has fallen to a new 52-week low of $297.20. source
• Home Depot's CFO Richard McPhail described the U.S. housing market as 'frozen.' source
• Only 2.8% of homes changed hands in the first nine months of 2025, a figure cited by Home Depot's CFO. source
• Home Depot's stock increased by 2.06 percent to USD 303.37 on the NYSE on September 22, 2026. source
• The new 52-week low of $297.20 undercut Home Depot's previous low from May 15. source
• Home Depot had a market capitalization of $296.5 billion. source
• Home Depot's stock traded up USD 6.17 during the session on September 22, 2026. source
• Home Depot's close on September 22, 2026 was near its 52-week low. source