HD · News · 20260929N

Interest Rate and Housing Pressure

HOME DEPOT, INC. · 2026-09-29 · Importance 20 · Surprise 24

Higher mortgage rates are reducing homebuilding, renovation activity, and housing turnover in the United States. Weak housing activity remains a risk to Home Depot’s demand, particularly for larger projects and housing-related purchases. Third-party reporting describes the housing market as frozen and suggests that a decline in mortgage rates could support a recovery.

Key facts

• Home Depot's market capitalization was reported as $288.6 billion when the stock hit $289.10. source
• Home Depot's stock has fallen over 26% in the last year (as reported by Simply Wall Street). source
• Home Depot's stock hit a 52-week low of $289.10, representing a nearly 30% decline from its peak. source
• High mortgage rates have impacted Home Depot by hurting homebuilding and renovation activities, according to Simply Wall Street. source
• Analysts cited higher mortgage rates and weak housing turnover as significant risks to Home Depot's stock performance. source
• One article reported Home Depot's share price as $289.89 while another reported it at $289.10. source