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IMC Announces $33.5M Renovation of High Point Properties

High Point, NC, October 21, 2019—International Market Centers (IMC) announced a $33.5 million capital investment in its High Point Market properties, including a dynamic new arrival experience for the International Home Furnishings Center (IHFC) Commerce entrance as well as customer-facing renovations and refurbishments to several of its other downtown High Point properties.

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Housing Inequity Widening Among Older Americans

Cambridge, MA, October 18, 2019-Housing inequality is becoming increasingly evident among older Americans as the number of older households climbs to unprecedented levels, according to Housing America’s Older Adults 2019, a new report released today by the Harvard Joint Center for Housing Studies.

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Renovation Spending to Trend Down in Q2 2020

Cambridge, MA, October 17, 2019-Annual gains in homeowner spending for improvements and repairs are set to give out by the second half of next year, 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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Housing Starts Down 9.4% in September

Washington, DC, October 17, 2019-Privately-owned housing starts in September were at a seasonally adjusted annual rate of 1,256,000, 9.4% below the revised August estimate of 1,386,000 but 1.6% above the September 2018 rate of 1,236,000, according to the U.S. Census Bureau.

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Recent Industry Events

Interviews

Phil Shrimper Discusses JP Flooring's New Showroom and Product Trends

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Brian Caress Discusses Redi Carpet's Continued Growth and Focus

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Dave Gheesling and Jay Smith Discuss Highlights from The FEI Group's Annual Meeting in Florida

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Jerry Caito Discusses the EF Contract Brands' Fit in the Commercial Flooring Business

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Franco Rossi Discusses the AB 729 Carpet Recycling Law in California

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