Home Depot

Fitch Ratings expects U.S. home and repair costs increased 3.5% this year after three years of decline, with the forecast as the next two of the nation's largest retailers in the area began to see sales growth.

Home Depot Inc. (HD) and Lowe Co. (LOW) recently showed its first increase in same store sales after the explosion of a housing bubble, as long recession finally subsides.


As discretionary spending began to improve in the first half of 2010, directed by Robert Fitch Rulla said the likelihood that Congress may expand the current federal incentives for energy-saving home repairs and projects can contribute to the further results.

Nevertheless, Fitch notes the risks are as high unemployment persists, consumer confidence remains subdued and credit remains limited.
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