In this video from Friday's edition of the Motley Fool's Investor Beat, host Chris Hill and Motley Fool Million Dollar Portfolio analyst Ron Gross take a hard-hitting look at the biggest investing stories of the day.

Home sales numbers fell 3% in October, the second month in a row of falling home sales. In this segment, Ron takes a close look at how home sales and housing prices affect the housing market at large, as well as how they impact the home improvement retailers Home Depot (NYSE:HD) and Lowe's (NYSE:LOW).

Chris Hill has no position in any stocks mentioned. Ron Gross has no position in any stocks mentioned. The Motley Fool recommends Home Depot. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.