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Industry News

Existing-Home Sales Rose 2.5% in May

Washington, DC, June 21, 2019—Total existing-home sales jumped 2.5% from April to a seasonally adjusted annual rate of 5.34 million in May, according to the National Association of Realtors. Total sales, however, are down 1.1% from a year ago (5.40 million in May 2018).

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Investor Home Purchases at All-Time High, Says WSJ

New York, NY, June 21, 2019—The share of investor purchases of U.S. homes have climbed to an all-time high, a sign that rising home prices have done little to dampen demand for flipping homes or turning them into single-family rentals, reports The Wall Street Journal.

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Unemployment Claims Fell Last Week

Washington, DC, June 20, 2019—In the week ending June 15, the advance figure for seasonally adjusted initial claims was 216,000, a decrease of 6,000 from the previous week's unrevised level of 222,000.

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Recent Industry Events

Interviews

Bill Freeman Discusses Long Range View of Changes in Resilient Flooring

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Todd Van Der Kruik Discusses Milliken's Award Winning Product at NeoCon

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Tom Lape Discusses Mohawk's American Flag Event along I-75 in Calhoun, Georgia

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Russ Rogg Discusses Metroflor's Award-Winning Metroforms Magnetic Flooring

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John Wu Discusses AVA's Debut at NeoCon and Tariffs

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