Home Prices In 20 U.s. Cities Rose In June At A Slower Pace – Bloomberg

Home Depot building on the housing recovery – NASDAQ.com

The S&P/Case-Shiller index of property values increased 8.1 percent from June 2013, the smallest 12-month gain since January 2013, the group reported today in New York. Price gains are slowing as more houses are coming up for sale and investors retreat to the sidelines. That, combined with an improving job market, could put homeownership within reach of more Americans grappling with disappointing wage growth and strict lending rules. Were seeing more inventories coming on line, which is putting downward pressure on prices, Anika Khan , senior economist at Wells Fargo Securities LLC in Charlotte, North Carolina, said before the report. http://www.bloomberg.com/news/2014-08-26/home-prices-in-20-u-s-cities-increased-in-june-at-a-slower-pace.html

While the two companies together dominate the home improvement industry, Home Depot is the clear leader with $23.8 billion in second-quarter sales compared to $16.6 billion for Lowes. Lowe’s also cut its sales forecast for the year from 5% to 4.5%. How did Home Depot achieve such an advantage over its rival? http://www.nasdaq.com/article/home-depot-building-on-the-housing-recovery-cm383474

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