ESA on EHS | The US housing market was down in January, as measured by existing home sales, but inventory is finally replenishing.


If rates stabilize or drop and housing inventory continues to reload after a sluggish 2023, we could see housing rebound in parts of the US.


Analysts and forecasters project a “return to normalcy” in the US automotive market in 2024, with inventory and pricing stabilizing.

With strong average household income and spending patterns, Gen X is providing a much-welcomed boost to US furnishings retail.


US Existing Home Sales (EHS) were off 7.3% year-over-year in November, while posting a slight lift over the prior month.

After years of robust strength, the US remodeling market has hit a downward trend recently, according NAHB.

ESA on EHS | Existing home sales while up 14.5% month-over-month, saw another steep year-over-year decline in February, at -22.6%. Inventory remains low.


Another inflationary warning is imminent as consumer demand drops and high inventory strains warehouse capacity in the US.


After several years of double-digit growth, the home improvement sector will cool in 2023 on recessionary concerns and a slow housing market.