Lowe's expects a positive housing industry in 2014 and next several years The company said the housing industry may grow at a higher rate than GDP despite the severe weather so far in 2014. Although credit remains tight, the company expects another good year of home prices going up. It also expects homeowners will continue to be reengaged in discretionary spending around the home. Lowe's expects 2014 will be a good year when spring arrives. Comments taken from conference call for UBS Global Consumer Conference.