Breaking Flooring News

New Home Sales Rose 7.4% in March

New Home Sales Rose 7.4% in March

Washington, DC, April 23, 2025-Sales of new single-family houses in March 2025 were at a seasonally-adjusted annual rate of 724,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 7.4% above the February 2025 rate of 674,000, and 6.0% above the March 2024 rate of 683,000.

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Industry News

FCIF Releases 2024 Report to the Industry

Dalton, GA, April 23, 2025—The Floor Covering Industry Foundation (FCIF) has released its 2024 Report to the Industry, an interactive flipbook that documents a year of community support, donor impact, and financial assistance for flooring families in medical crisis.

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Flexco Awarded Sourcewell Contract

Tuscumbia, AL, April 23, 2025—Flexco Corporation, a resilient flooring manufacturer, announced its recent award of a Sourcewell cooperative purchasing contract in the flooring materials category.

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Natco Home Acquires Orian Rugs

Providence, RI, April 22, 2025—The Natco Home Group, one of the U.S. largest suppliers of flooring and home dĂ©cor, has signed a deal to acquire the Orian Rugs brand from parent company SP Orian, LLC. The companies are the last two remaining domestic manufacturers of woven rugs.

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Ascend Files Chapter 11

Houston, TX, April 22, 2025-On April 21, Ascend announced that, with the support of its lenders, it initiated a Chapter 11 process in the U.S. Bankruptcy Court for the Southern District of Texas.

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Recent Industry Events

Interviews

Dan Natkin Discusses Essex Finishing and Current Market Conditions

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Jeff Meadows Discusses Mohawk's Domestic Capacity Investments and Business Conditions

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Steve Brattin Discusses Health of Wood Flooring Market and SVB Wood Flooring's Business

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Pat Oakley Discusses Mullican Flooring's Recent Growth and Outlook at the NWFA Expo

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Russ Rogg Discusses His New Role as President of HMTX's Contract and Trade Business

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