May 5, 2016
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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.
Existing Home Sales Rise to Six-Month High in January
Washington, DC, February 23, 2016—Existing-home sales crept forward in January to the highest annual rate in six months, and subpar supply levels propelled price growth to the fastest increase since last April, according to NAR.
Home Prices Continued Their Upward Trend in December
New York, NY, February 23, 2016—The S&P/Case-Shiller U.S. National Home Price Index recorded a slightly higher year-over-year gain with a 5.4% annual increase in December 2015 versus a 5.2% increase in November 2015.
Noury Peykar, Chairman of Nourison, Dies
Great Neck, NY, February 23, 2016—Noury Peykar, chairman of Nourison died on February 20. He was 95.
CCA, WFCA & CFI Partner to Bring Qualified Installers to the Industry
Manchester, NH, February 23, 2016—CCA Global Partners has partnered with the World Floor Covering Association to help address the shortage of qualified flooring installers.
Armstrong Expects Separation to be Complete by April 1
Lancaster, PA, February 23, 2016—Armstrong World Industries anticipates that the separation of its flooring business will be complete by April 1, according to the Central Penn Business Journal.
Atlanta Housing Market Growth Continues in January 2016
Atlanta, GA, February 23, 2016—Average and median sales prices for 11 metro Atlanta counties continue to outpace last year’s figures, according to the Atlanta Board of Realtors.
Lumber Liquidators Releases Statement Following CDC's Adjusted Report
Toano, VA, February 23, 2016—Lumber Liquidators released a statement in response to the Center for Disease Control’s (CDC) adjusted assessment of the danger of the store’s high formaldehyde laminate flooring to human health.
CDC Miscalculated Risk to Human Health from LL Toxic Laminate
New York, NY, February 22, 2016—Last night 60 Minutes provided an update to its Lumber Liquidators story.
Jaipur Rugs Rebrands as Jaipur Living
Norcross, GA, February 22, 2016—Jaipur Rugs Inc. has been renamed Jaipur Living Inc.
CARE to Host Public Workshops in Burbank & Sacramento
Dalton, GA, February 22, 2016—On March 8 and 10, Carpet America Recovery Effort (CARE) will host two public workshops in California to solicit input and feedback from various stakeholders about the future of carpet recycling.
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