Today's 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.

Kermit Baker Predicts Growth in Both Com. & Res. Remodel Sectors

Kermit Baker Predicts Growth in Both Com. & Res. Remodel Sectors

Chattanooga, TN, July 21, 2017—Despite previous predictions of a downward turn, the most recent Architecture Billings Index is looking up. Over the past five months, the index has been over 50, and June’s report shows a reading of 54.2, while inquiries are decreasing.

More Households Renting Today Than in Last 50 Years

More Households Renting Today Than in Last 50 Years

Washington, DC, July 20, 2017-A decade after the housing bust upended the lives of millions of Americans, more U.S. households are headed by renters than at any point since at least 1965, according to a Pew Research Center analysis of Census Bureau housing data.

JCHS Predicts Strong Remodeling Market Through Early 2018

JCHS Predicts Strong Remodeling Market Through Early 2018

Cambridge, MA, July 20, 2017-Healthy and stable growth in home improvement and repair spending is anticipated for the remainder of the year and into the first half of 2018, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

Interior Design Summit Added to Fall High Point Market Agenda

Interior Design Summit Added to Fall High Point Market Agenda

High Point, NC, July 21, 2017—The High Point Market Authority (HPMA) reports that it has teamed up with Gail Doby Coaching & Consulting and Luxe Interiors + Design magazine to offer the Interior Design Summit & IDS GRAM|MEs in conjunction with Fall Market (October 14 to 18). The event’s title sponsor is Lexington Home Brands.

June Housing Starts Rose 8.3%

June Housing Starts Rose 8.3%

Washington, DC, July 19, 2017— Privately owned housing starts in June were at a seasonally adjusted annual rate of 1,215,000, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. This is 8.3% above the revised May estimate of 1,122,000 and is 2.1% above the June 2016 rate of 1,190,000.