housing sector
Coverage of housing sector in the Nexus archive.
- Home Depot sales lifted by customers focusing on smaller projects, but sticks with previous outlook
Home Depot reported that its sales increased in the second quarter to $47.86 billion, surpassing Wall Street's expectations for the period. The company earned $4.77 billion for the three months ended Aug. 2 and announced an express delivery service nationwide. Despite solid performance, Home Depot maintained its earlier guidance of between 2.5% and 4.5% sales growth for 2026.
- The Economy Underneath the Noise: America’s Quiet Freeze
The article highlights a frozen labor market and a stalled housing sector in the US, contrasting with the Federal Reserve's market drama. It emphasizes underlying economic signals over external financial noise.
- ECONOMIC SURVEY 2025-26: Provinces’ development freeze to persist beyond next fiscal year
The Economic Survey 2025-26 reveals missed economic targets and a freeze on provincial development programs, diverting over Rs900bn to the Centre’s strategic needs. Finance Minister Muhammad Aurangzeb highlighted resilience amid global trade challenges, floods, and regional conflicts, while announcing budget incentives for agriculture and housing.
- Berkshire Hathaway to Acquire Taylor Morrison in a $6.8 Billion Deal
Berkshire Hathaway is set to acquire Taylor Morrison in a $6.8 billion deal. The transaction marks a significant expansion for Berkshire Hathaway in the housing sector.