Existing-Home Sales Declined 5.4% in June to 3.89 Million
Washington, DC, July 23, 2024-Total existing-home receded 5.4% from May to a seasonally adjusted annual rate of 3.89 million in June, according to the National Association of Realtors.
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.
WFCA & CFI Acquire Natural Fiber Installers Certification Inc.
Dalton, GA, July 23, 2024—The World Floor Covering Association (WFCA) and the Certified Flooring Installers (CFI) have a signed letter of intent to acquire the assets of the Natural Fiber Installers Certification Inc. (NFIC).
Diverzify Rebrands National Accounts Division
Atlanta, GA, July 23, 2024-Diverzify, a commercial flooring and interior services provider, announces the rebranding of its national accounts division from Collaborative Turnkey Solutions (CTS) to Diverzify National Accounts (DNA).
U.K. Retailer Carpetright to be Acquired by Tapi Carpets and Floors
Purfleet-on-Thames, UK, July 22, 2024-"The Carpetright brand and 54 of the flooring retailer’s stores are being bought by its rival Tapi Carpets and Floors in a deal that will save 300 jobs,” report The Guardian.
Ruggieri Brothers Celebrating 75 Years of Business
Cranston, RI, July 22, 2024—Ruggieri Brothers, alongside Ruggieri Carpet One, are making 75 years of business in the flooring industry.
Stanton Adjusts Hard Surface Team Leadership
Woodbury, NY, July 22, 2024—Stanton Carpet Corporation has announced the appointment of two senior leadership positions for hard surface.
Creative Flooring Has Joined Starnet
Columbus, OH, July 22, 2024—Creative Flooring, located in Markham, Ontario, has joined Starnet.
Milliken Forms Partnership with Universal Fibers
Spartansburg, SC, July 22, 2024—Milliken Floors has announced that Universal Fiber’s sustainable Thrive matter yarn is now being utilized in three of its carpet tile collections from July 2024.
Homesellers Are Cutting Prices as Housing Inventory Expands
Seattle, WA, July 19, 2024—Home listings are piling up as buyers step back from the peak of home shopping season faster than normal, according to the latest monthly report from Zillow.
Tenant Evictions Surge in Sunbelt Cities
New York, NY, July 19, 2024—"Tenant evictions look stuck at elevated levels in several corners of the U.S., showing little sign of returning to what was typical before the pandemic,” reports the Wall Street Journal.