US home sales increased for a fifth straight month in October, jumping 26.6 percent on a year-on-year basis. Sales increased last month and continued to be concentrated in the upper price end of the market.
housing and urban planning
Home Depot will Spend $1 Billion More on Employees
Home improvement chain Home Depot announced on Tuesday morning it would spend about $1 billion more every year on employees’ compensation, as the company benefits from a surge in demand for tools and building materials.
Home Depot Will Buy Back HD Supply
Home Depot announced on Monday afternoon that it would buy HD Supply Holdings in a deal valued at about $8 billion, setting itself up to regain full control over the industrial materials wholesaler after selling it a decade ago.