The American housing market is showing signs of slowing down, according to the CFO of Home Depot, the world's largest DIY chain. Home Depot is seen as a key indicator of the U.S. housing market's health. In 2007, its sales sharply declined before the housing crisis was fully recognized by Wall Street. The recovery was lengthy, peaking after the COVID-19 pandemic when revenues surged. Currently, housing market activity is unusually slow, which could signal another impending crisis. Current trends highlight the importance of prudent real estate asset management to avoid selling at a loss in an uncertain market.
