Today's Flooring News

Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.

Median Home Price Rose 6.9% YOY in Q1

Median Home Price Rose 6.9% YOY in Q1

Washington, DC, May 16, 2017—The strongest quarterly sales pace in exactly a decade put significant downward pressure on inventory levels and caused price growth to further accelerate during the first three months of 2017, according to the latest quarterly report by the National Association of Realtors.

Winners of Antron Performance Awards Announced

Winners of Antron Performance Awards Announced

Kennesaw, GA and Darien, CT, May 16, 2017—Set on a grand stage at the Omni La Costa Resort in Carlsbad, California, Invista, maker of Antron carpet fiber, honored two Starnet Members during Starnet’s 25th Anniversary Celebration.

Gerflor Promotes Three in Sales & Marketing Department

Gerflor Promotes Three in Sales & Marketing Department

Chicago, IL, May 15, 2017—Gerflor USA recently named vital members of its sales and marketing force to new positions, including Gerflor national sales director, senior director of marketing and marketing communications director.

Builder Confidence Reaches 2nd Highest Level Post-Recession in May

Builder Confidence Reaches 2nd Highest Level Post-Recession in May

Washington, DC, May 15, 2017—In a further sign that the housing market continues to strengthen, builder confidence in the market for newly-built single-family homes rose two points in May to a level of 70 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

Housing Affordability Ticked Up in Q1

Housing Affordability Ticked Up in Q1

Washington, DC, May 12, 2017—Rising wages and moderating home prices offset a rise in mortgage interest rates to give housing affordability a slight boost in the first quarter of 2017, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index.

Consumer Sentiment Up 0.7% to 97.7 in Early May

Consumer Sentiment Up 0.7% to 97.7 in Early May

Ann Arbor, MI, May 12, 2017—Consumer sentiment rose 0.7% to 97.7 in early May over April’s 97.0 rate, according to preliminary results from the University of Michigan’s Survey of Consumers.

Former Renters Are in the Market to Buy, WSJ

Former Renters Are in the Market to Buy, WSJ

New York, NY, May 12, 2017—“First-time buyers are rushing to buy homes after a decade on the sidelines, promising to kick a housing market already flush with luxury sales into higher gear,” according to an article in the Wall Street Journal called Generation of Renters Now Buying.