Value of U.S. Housing Market Reaches $55 Trillion
Seattle, WA, September 15, 2025—America's homes are now worth a record $55.1 trillion, a massive $20 trillion jump since the eve of the pandemic, according to a new Zillow analysis.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Absorption Rate for Newly Built Apartments Rose to 48% in Q1
Seattle, WA, September 15, 2025—Roughly half (48%) of newly built apartments completed in the first quarter of 2025 were rented within three months, according to a new report from Redfin. That is up from 47% in the fourth quarter of 2024 and 46% the quarter before that.
August Retail Spending Rise Fueled by School & Pre-Tariff Buying
Washington, DC, September 15, 2025-Retail spending continued to grow in August as consumers stocked up on school supplies and tried to beat rising tariffs that could be beginning to affect prices, according to the CNBC/NRF Retail Monitor, released by the National Retail Federation.
Homebuilders Offering Incentives to Meet End-of-Year Goals
Washington, DC, September 15, 2025-"The 2025 housing market has presented challenges for buyers, with high prices, elevated interest rates, and economic uncertainty,” reports Builder Online.
Consumer Sentiment down 4.8% in Early September, Lowest Since May
Ann Arbor, MI, September 12, 2025-Consumer sentiment fell 4.8% to 55.4 in early September, according to preliminary results from the University of Mighican Survey of Consumers.
United Surface Solutions to Idle SPC Production in Chatsworth
Chatsworth, GA, September 12, 2025-United Surface Solutions, a manufacturer of decorative SPC products for residential and commercial applications, is idling production and reducing staff.
The Dixie Group to Raise Prices on Nylon, Polyester & Freight
Dalton, GA, September 12, 2025—The Dixie Group (TDG) has announced price increases on nylon, polyester and freight rates.
Residential Building Material Prices Hit 32-Month High in August
Washington, DC, September 12, 2025—Price growth for residential building materials rose for the fourth straight month in August, reaching its highest level since January 2023, reports the National Association of Home Builders.
NAR Releases August '25 Commercial Real Estate Market Insights
Washington, DC, September 12, 2025—The National Association of Realtors (NAR) released the August 2025 Commercial Real Estate Market Insights.
Inflation Rose to 2.9% in August
New York, NY, September 11, 2025—“Consumer prices were up 2.9% in August from a year earlier, the Labor Department said Thursday, hotter than July’s gain of 2.7%,” reports the Wall Street Journal.