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Industry News

Nearly 90% of Metro Areas Register Home Price Gains in Q4

Washington, DC, February 7, 2025—Almost 90% of metro markets (201 out of 226, or 89%) experienced home price increases in the fourth quarter of 2024, as the 30-year fixed mortgage rate ranged from 6.12% to 6.85%, according to the National Association of Realtors' latest quarterly report.

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Classen Specifies I4F's Drop-Lock System for PP Products

Kaisersesch, Germany/Turnhout, Belgium, February 6, 2025- Classen Group, a producer of flooring and wall coverings, and I4F, a group of companies providing patents and technologies to the flooring industry, announced the strengthening of their long-standing patent partnership with the addition of Classen’s Polypropylene (PP) technologies.

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DHA Petitions Trump to Exclude Hardwood from Tariffs

Sterling, VA, February 6, 2025-"On January 29, DHA [Decorative Hardwoods Association] sent a letter to the Trump administration requesting that hardwood plywood, veneer, and engineered wood flooring be exempted from the 25% tariffs on imports from Canada.

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WIFI Announces Four New Scholarship Recipients

Dalton, GA, February 7, 2025—Women in the Floorcovering Industry (WIFI) has announced its latest scholarship recipients, for a cumulative total of nearly $50,000 invested in the growth and development of 17 women in the flooring industry.

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Productivity Up 1.2% in Q4

Washington, DC, February 6, 2025—Nonfarm business sector labor productivity increased 1.2% in Q4 2024, the U.S. Bureau of Labor Statistics reported, as output increased 2.3% and hours worked increased 1.0%.

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Recent Industry Events

Interviews

Christine Zampaglione, Trey Thames & Jamann Stepp Showcase Stanton's Branding Focus & 2025 Products

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James Lesslie and Joe Young Showcase Engineered Floors' New Products for 2025

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Drew Hash Showcases Southwind's New Product Focus for 2025

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Al Boulogne and Terry Marchetta Showcase Phenix's New Carpet Designs for 2025

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Jimmy Tuley and Terry Marchetta Showcase Mannington Mills' New Styling and Products for 2025

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