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- US furniture retailers like RH and Williams-Sonoma are struggling to sell products in a tight housing market.
- The unaffordable housing market is stretching wallets and making new furniture less of a priority for buyers.
- A slew of furniture brands have reported weaker earnings in the most recent quarter.
High mortgage rates and expensive property prices have made buying a home increasingly unaffordable, but the repercussions extend beyond just the housing market.