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.

Existing-Home Sales Declined 4.3% in March

Existing-Home Sales Declined 4.3% in March

Washington, DC, April 18, 2024—Total existing-home sales receded 4.3% from February to a seasonally adjusted annual rate of 4.19 million in March, according to the National Association of Realtors. Year-over-year, sales waned 3.7% (down from 4.35 million in March 2023).

Slowing of Residential Remodel Expected to Extend into 2025

Slowing of Residential Remodel Expected to Extend into 2025

Cambridge, MA, April 18, 2024—Annual expenditures for improvements and repairs to owner-occupied homes are projected to decrease this year and into Q1 2025, but at a moderating rate, according to the Leading Indicator of Remodeling Activity (LIRA) by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

I4F Forms Partnership with Akgün Group-Duratiles

I4F Forms Partnership with Akgün Group-Duratiles

Turnhout, Belgium, April 18, 2024—I4F, a group of companies providing patents and technologies to the flooring industry, has joined forces with the Akgün Group-Duratiles to bring a “clickable” floating floor installation system to the world of ceramics.

Initial Jobless Claims Held Steady Week of April 13

Initial Jobless Claims Held Steady Week of April 13

Washington, DC, April 18, 2024—In the week ending April 13, the advance figure for seasonally adjusted initial claims was 212,000, unchanged from the previous week's revised level, according to the Department of Labor.