Home Depot Signals US Housing Demand Slowing

Home Depot Signals US Housing Demand Slowing
A Home Depot employee is seen outside a store in Los Angeles, Calif., on March 17, 2015. Lucy Nicholson/Reuters
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Home Depot Inc., the biggest U.S. home improvement chain, suggested on Nov. 13 that the pace of U.S. home sales was slowing, and said impending trade tariffs could raise prices for its products.

The warning from the country’s top seller of power tools, flooring, and lawnmowers overshadowed stronger-than-expected third-quarter results and a higher annual sales forecast. Its shares fell 1.5 percent in otherwise upbeat Wall Street trading.