高級な furniture companies 報告(する)/憶測 抱擁する losses as 専門家s say 立ち往生させるing 住宅 market means nobody is buying new sofas

  • Furniture companies RH and Hooker Furnishings 報告(する)/憶測d losses last week
  • It comes as elevated mortgage 率s have slowed the U.S. 住宅 market
  • READ MORE:?住宅 affordability now worse than it was in 2006

Furniture retailers are seeing sales slow as 専門家s (人命などを)奪う,主張する America's 冷静な/正味のing 住宅 market means より小数の shoppers are 購入(する)ing sofas.?

Two 高級な US 会社/堅いs 報告(する)/憶測d 減少(する)s in their second-4半期/4分の1 sales last week, with California-based RH 記録,記録的な/記録するing a 落ちる of 19 パーセント while Hooker Furnishings said 歳入 was 負かす/撃墜する 36 パーセント.

Their 株 prices fell 16 and 17 パーセント それぞれ on Friday, CNN 報告(する)/憶測d.

'We continue to 推定する/予想する the 高級な 住宅 market and broader economy to remain challenging throughout 会計の 2023 and into next year as mortgage 率s continue to 傾向 at 20-year highs,' RH's CEO Gary Friedman said during an 収入s call on Thursday.

Last month, Williams-Sonoma, which owns West Elm and Pottery Barn, 報告(する)/憶測d the two brands dropped 20 and 10 パーセント from their 各々の 歳入s.?

Hooker Furnishings, based in in Virginia, said last week it suffered a revenue drop of 36 percent in the second quarter, amid a stagnating housing market

Hooker Furnishings, based in in Virginia, said last week it 苦しむd a 歳入 減少(する) of 36 パーセント in the second 4半期/4分の1, まっただ中に a stagnating 住宅 market

California-based furniture brand RH, formerly Restoration Hardware, reported a 19 percent drop in revenue in the second quarter

California-based furniture brand RH, 以前は 復古/返還 金物類/武器類, 報告(する)/憶測d a 19 パーセント 減少(する) in 歳入 in the second 4半期/4分の1

Brad Thomas, a 小売 分析家 at KeyBanc 資本/首都 Markets, told CNN the 拒絶する/低下する to the furniture 部門 began with the pandemic.

'When the pandemic occurred, we all stayed home. 消費者s stopped spending on travel and leisure experiences and spent on stuff,' he told the 出口.

'The furniture 部類 was one of many 部類s that saw a big 利益 at the end of 2020 through 2021. In 2022 and the beginning of 2023 has been an unwind of that,' he 追加するd.

'With elevated mortgage 率s in low 在庫 levels, we're not seeing a lot of home 購入(する) activity,' he said.?

類似して, Wayfair, an online furniture 販売人, saw its second-4半期/4分の1 歳入 拒絶する/低下する 3.4 パーセント, CNN 公式文書,認めるd. Another furniture 製造業者,?La-Z-Boy, 報告(する)/憶測d a 20 パーセント 減少(する) in sales in August.?

Home buyers are facing the least affordable market since 2006, according to figures from the Atlanta Federal Reserve

Home 買い手s are 直面するing the least affordable market since 2006, によれば 人物/姿/数字s from the Atlanta 連邦の Reserve

It comes as homebuyers 直面する the least a ffordable market since 2006, as mortgages 急上昇する and 所有物/資産/財産 prices remain high.

買い手s are 直面するing a perfect 嵐/襲撃する of elevated mortgage 率s, which are deterring homeowners from moving. Many 直す/買収する,八百長をするd 30-year 取引,協定s when 率s were around 2 パーセント - 効果的に trapping them in their 現在の home.?

人物/姿/数字s from the Atlanta 連邦の Reserve 明らかにする/漏らすd in August that affordability has fallen below levels seen during the 住宅 泡 頂点(に達する) in the lead-up to the 2008 財政上の 危機.

The Atlanta Fed uses house prices, mortgage 率s and 普通の/平均(する) incomes to calculate an 'affordability' 得点する/非難する/20 each month. The 最新の 人物/姿/数字s, from June 2023, show the 得点する/非難する/20 has 急落(する),激減(する)d to 69.5 - nearly 40 points below where it was in June 2020.?

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