ROYAL PALM BEACH — Taking advantage of this prolonged stretch at home to make some changes to your surroundings?
You’re not alone, and the staff of the South Florida Fair wants to help.
The Home Improvement and More Show is Oct. 23-25 at the fairgrounds’ Expo Center, 9067 Southern Blvd. The event features more than 60 vendors across 35 categories related to home improvement, said Tim Pachis, corporate sales manager for the South Florida Fair.
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The show will be open 10 a.m. to 5 p.m. Friday, Oct. 23 and Saturday, Oct. 24 and 10 a.m. to 4 p.m. Sunday,
According to new data by the National Association of Realtors, existing U.S. home sales continued to climb in August 2020, marking three consecutive months of positive sales gains. Each of the four major regions experienced both month-over-month and year-over-year growth, with the Northeast seeing the greatest improvement from the prior month.
Total existing-home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 2.4% from July to a seasonally-adjusted annual rate of 6.00 million in August. Sales as a whole rose year-over-year, up 10.5% from a year ago (5.43 million in August 2019).
“Home sales continue to amaze, and there are plenty of buyers in the pipeline ready to enter the market,” said Lawrence Yun, NAR’s chief economist. “Further gains in sales are likely for the remainder of the year, with mortgage rates hovering around 3% and
Home Depot posted record-breaking sales in the second quarter, largely thanks to consumers’ continuing push to fix up their homes during the coronavirus pandemic.
The home improvement giant raked in $38.1 billion in sales during the quarter, a 23.4% boost since last year.
Net earnings for the second quarter of fiscal 2020 were $4.3 billion compared with net earnings of $3.5 billion in the same period of fiscal 2019.
Home Depot and its home improvement sector rival Lowe’s have soared since the coronavirus pandemic began in March. Analysts have attributed the success of the retailers to a shift in consumer spending trends. With many shoppers stuck at home and canceling vacations and dining-out plans due to the pandemic, consumers have been dedicating more money to tackling home improvement projects.
According to financial data firm Facteus, Home Depot has overtaken Lowe’s head start when it comes to consumer spending. And foot