Wayfair found growth where the housing market is weakest
Wayfair (W) just posted the kind of quarter that should be impossible in today’s housing market. Existing-home sales fell 2.4% in June. Pending sales dropped 5.4%. Elevated mortgage rates and record home prices have kept many buyers from moving, cutting off a traditional source of demand for ...
Read the full story at TST (Full) - (Official Feed) →