1204 ET - Homeowners' ability to fund home improvement projects is improving, providing a boost to Home Depot and Lowe's, say UBS analysts, citing a survey of 2,000 adults. According to the survey, 59% of homeowners expect to perform a home improvement project in the next 12 months, consistent with last year. But 64% of homeowners now say they have the full amount of money to fund their projects, up 500 basis points from last year and the highest level since March 2021. Additionally home equity lines of credit have been rising year-over-year every quarter since early 2024, providing an additional source of funding for projects, the analysts say. (nicholas.miller@wsj.com)

(END) Dow Jones Newswires

October 17, 2025 12:04 ET (16:04 GMT)

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