Breaking Flooring News

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).

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Industry News

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.

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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.

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Recent Industry Events

Interviews

Pat Oakley Discusses His New Role at Mullican and the Hardwood Flooring Market

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Brett Miller Discusses His Consumer Advice for Selecting the Right Floorcovering

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Brian Carson Discusses AHF Products Acquisition of Two Sawmills in W.V.

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Michael Martin Discusses Health of Wood Flooring Business and Upcoming NWFA Expo

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Paul Murfin Discusses his New Role with SamplesApp

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