Home Depot Inc. is riding the rebounding housing market through the turmoil battering retailers.
The Atlanta-based home-improvement chain has a simple explanation as to why it is sheltered from the broad malaise faced by others in retail. Rising home prices, which are near their pre-housing-bust peaks, mean more homeowners are feeling flush. So they’re more willing to splurge on big projects, from installing decks to remodeling kitchens.
