Pending Home Sales Flat in September
Washington, DC, October 26, 2017—The Pending Home Sales Index was at 106.0 in September (unchanged from a downwardly revised August figure), according to the National Association of Realtors.
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Tarkett Sponsoring LearningScapes Event
Solon, OH, October 26, 2017—Tarkett North America is supporting and participating in the Association for Learning Environments’ (A4LE) LearningScapes 2017, to be held October 26 to 29 in Atlanta, Georgia.
Laticrete Recognized in 2017 Family Business Awards
Bethany, CO, October 26, 2017—Laticrete has been honored by Hartford Business Journal at its 2017 Family Business Awards, which recognize outstanding achievements in family-owned businesses across the Northeastern region.
New Home Sales Jumped 18.9% in September to Ten-Year High
Washington, DC, October 25, 2017—Sales of new single-family houses in September 2017 were at a seasonally adjusted annual rate of 667,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.
Home Depot Eliminating Chemicals of Concern from Products
Atlanta, GA, October 25, 2017—Home Depot is eliminating substances like formaldehyde and lead in several categories, reports Bloomberg News.
LL Settles Class-Action Suits in Chinese Laminate Case for $36M
Toano, VA, October 25, 2017—Lumber Liquidators and several proposed classes of plaintiffs in the Formaldehyde MDL (MDL 2627) have announced the entry into a Memorandum of Understanding to settle all litigation related to the Chinese-manufactured laminate flooring previously sold by Lumber Liquidators pending in the two Multi-District Litigations in the Eastern District of Virginia.
Durable Goods Orders Rose 2.2% in September
Washington, DC, October 25, 2017—New orders for manufactured durable goods in September increased $5.1 billion or 2.2% to $238.7 billion, the U.S. Census Bureau announced.
Retirement of Redi Carpet CEO Greg Waleke Announced
Atlanta, GA, October 25, 2017—At the FEI Group meeting in San Antonio, Texas, the group announced the official retirement of industry veteran Greg Waleke.
Houzz Q3 Renovation Barometer Reports Positive Outlook
Palo Alto, CA, October 25, 2017—Houzz’s Q3 2017 Houzz Renovation Barometer reflected high quarter-over-quarter confidence for all industry sectors, including architects, designers, general contractors (GCs)/remodelers, design-build, specialty building/renovation and specialty landscape/outdoor, with readings of 62 or higher. Expectations for Q4 are strong across all sectors.
FEI Group Names Members of the Year
Atlanta, GA, October 25, 2017—The FEI Group named its members of the year at its conference in San Antonio, Texas.