Flooring News
Keep up to date with the most recent flooring news and happenings in the flooring industry. Today’s News…As it happens! We update this news several times a day so you can stay connected.
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Diverzify Announces $240 Million RecapitalizationAtlanta, GA, May 21, 2026-Diverzify has announced a $240 million recapitalization and strategic investment led by affiliates of Paceline Equity Partners, a Dallas-based private equity manager, to…
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Housing Starts Rose 4.6% YOY in AprilWashington, DC, May 21, 2026-Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1,465,000, 2.8% below the revised March estimate of 1,507,000 but…
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Lowe’s Sales Up 11% in Q1, Earnings Flat at $1.6 BillionMooresville, NC, May 20, 2026-Lowe’s reported total sales for Q1 2026 were $23.1 billion, a 11% increase compared to sales of $20.9 billion in the prior-year quarter….
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Architecture Billings Declined Slightly to 48.3 in AprilWashington, DC, May 20, 2026-The AIA/Deltek Architecture Billings Index (ABI) fell from 49.8 in March, when billings were essentially flat, to 48.3 in April, signaling that more…
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Global Container Rates Climb Due to Strait of Hormuz DisruptionGreensboro, NC, May 20, 2026-“Global container spot rates rose sharply this week as carriers implemented new surcharges tied to the war involving Iran and ongoing disruption around…
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More Homes Are For Sale But Prices Are Out of Reach for BuyersWashington, DC, May 20, 2026-Households today can access about one-quarter fewer homes than they could in a balanced market, according to a new joint report from the…
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Mortgage Applications Declined 2.3% in Week Ending May 15Washington, DC, May 20, 2026- Mortgage applications decreased 2.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for…
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More Than One-Third of Home Sellers Cut Their Asking Price in AprilSeattle, WA, May 20, 2026-More than one-third (35.4%) of U.S. home sellers cut their asking price in April, reports Redfin. That’s down slightly from 35.6% a month…
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Home Depot Q1 Sales Up 4.8%, Earnings Down 4.2%Atlanta, GA, May 19, 2026-The Home Depot reported sales of $41.8 billion for Q1 2026, an increase of 4.8% from Q1 2025. Comparable sales for Q1 2026…
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April Pending Home Sales Up 1.4% from March, 3.2% YOYWashington, DC, May 19, 2026-Pending home sales in April increased by 1.4% month over month and rose 3.2% year over year, according to the National Association of…
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