Breaking Flooring News

Architecture Billings Index Rose to 58.5 in May

Washington, DC, June 23, 2021—Demand for design services from U.S. architecture firms continues to grow at a vigorous pace, according to a report from The American Institute of Architects (AIA).

May New Home Sales Down 5.9% from April, but Up 9.2% YOY

Washington, DC, June 23, 2021—Sales of new single-family houses in May 2021 were at a seasonally adjusted annual rate of 769,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 5.9% below the revised April rate of 817,000 but 9.2% above the May 2020 estimate of 704,000.

Mortgage Applications Rose 2.1% in Third Week of June

Washington, DC, June 23, 2021—Mortgage applications increased 2.1% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending June 18, 2021.

Anita Bryant Named Business Operations Manager for Küberit USA

Florence, AL, June 23, 2021—Küberit USA has named Anita Bryant its business operations manager in its most recent move expanding and supporting the company’s support, logistics, and fulfillment functions.

Existing-Home Sales Slid 0.9% in May, Median Home Price Hit Record High

Washington, DC, June 22, 2021-Existing-home sales decreased for a fourth straight month in May, according to the National Association of Realtors. Only one major U.S. region recorded a month-over-month increase, while the other three regions saw sales decline.

Hardwood Flooring Lumber Prices at All-Time High

Chattanooga, TN, June 22, 2021-Compared to before the pandemic, hardwood lumber prices have increased 83% to an all-time high, says Neil Poland, president of Mullican Flooring.

Universal Fibers Introduces Carbon Negative Fiber

Bristol, VA, June 22, 2021-Global fiber manufacturer Universal Fibers has announced Thrive matter, a nylon fiber whose end-to-end production will actually remove carbon from the earth’s atmosphere.

AIA Reports on Impact of Pandemic on Design Firms

Washington, DC, June 22, 2021—A new report from the American Institute of Architects (AIA)—in partnership with Oldcastle BuildingEnvelope—is providing an in depth look at the impact of the pandemic on design firm business conditions.

Buyers Who Can't Afford Big Down Payments Elbowed Out of Hot Markets

New York, NY, June 21, 2021—"In the turbocharged housing market, prices are surging and homes on the market are routinely selling for far more than the listing price. Those who can’t afford big down payments are often the ones losing out,” reports the Wall Street Journal.

Starnet Announces 2021 Education Awardwinners

Columbus, OH, June 21, 2021—Starnet Commercial Flooring has revealed its Starnet Design Awards winners of 2021 for the education category.

Total Solutions Plus Slated for Jacksonville in October

Washington, DC, June 21, 2021— Ceramic Tile Distributors Association, National Tile Contractors Association, Tile Contractors’ Association of America and Tile Council of North America have partnered again for Total Solutions Plus in Jacksonville, Florida at the Hyatt Regency Jacksonville Riverfront.

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