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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.

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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.

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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.

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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.

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WFCA and NWFA Offering Joint Membership

Dalton, GA, July 19, 2017—As part of an overall effort to enhance benefits for independent flooring dealers across the country, the World Floor Covering Association and the National Wood Flooring Association have joined forces to offer a membership program that combines the resources of both organizations.

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Interviews

Kermit Baker Discusses the Architectural Billing Index and Housing Remodeling

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Bill Carstarphen Discusses Pharr Business and the New Brand for the Parent Company

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Blake Dennard Discusses Kaleen's Rug Business and the Atlanta Rug Market

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Dave Snedeker Discusses Nebraska Furniture Mart's Rug Business from the Atlanta Rug Market

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