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Home Renovation Spending Soars Amid Economic Slowdown
US building materials retail sales rose 0.8% in April 2024, exceeding overall retail growth as homeowners invest more in renovations due to high mortgage rates, aging homes, and reluctance to sell; experts predict continued growth despite economic uncertainty.
Home Renovation Spending Soars Amid Economic Slowdown
US building materials retail sales rose 0.8% in April 2024, exceeding overall retail growth as homeowners invest more in renovations due to high mortgage rates, aging homes, and reluctance to sell; experts predict continued growth despite economic uncertainty.
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