Homeware Stocks Are Unlikely Winners of UK’s Weak Housing Market

Britain’s stagnant housing market is giving an unexpected boost to companies that sell home-improvement products.

B&Q owner Kingfisher Plc and Topps Tiles Plc are set for their best yearly share-price gains since the pandemic as consumers too strapped for cash to move house or undertake major renovations opt for DIY projects instead. Sofa-seller DFS Plc is poised for its strongest year since 2019, and Wickes Plc — a major retailer of paint — is on track for its best year since listing in 2022.