FHFA Home Price Index Flat in January
Washington, DC, March 22, 2017—U.S. house prices remained flat in January according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI).
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.
Gerflor Reports Marked Increase in LVT Shipments
Chicago, IL, March 23, 2017—Gerflor recorded a 500% increase in luxury vinyl tile (LVT) shipments from its Chicago-based U.S. warehouse between June 2015 and December 2016.
Custom Building Products Buys Carbon Offset Credits
Huntington Beach, CA, March 23, 2017—Custom Building Products continues its long-standing commitment to sustainability by purchasing carbon offset credits from TerraPass, which fund programs that eliminate 1,200 metric tons of greenhouse gas emissions annually.
Capel Rugs Launches Catalog Celebrating Centennial Anniversary
Troy, NC, March 22, 2017—Capel Rugs has launched its 2017 catalog, which celebrates its 100-year anniversary, reports Furniture Today.
CTEF Conducting Certified Tile Installer Testing at Coverings
Orlando, FL, March 22, 2017—The Ceramic Tile Education Foundation will conduct Certified Tile Installer testing at Coverings 2017, which will take place April 4 to 7 in Orlando, Florida.
Karndean Announces Changes to Marketing Department
Export, PA, March 22, 2017—In 2016, Karndean Designflooring doubled the size of its U.S. headquarters and, in 2017, is proud to announce new positions and additions to its corporate marketing department due to the company’s ongoing growth.
Existing Home Sales Fell 3.7% in February, But Up 5.4% YOY
Washington, DC, March 22, 2017—After starting the year at the fastest pace in almost a decade, existing-home sales slid 3.7% in February but remained above year ago levels both nationally and in all major regions, according to the National Association of Realtors.
U.S. Pellet Manufacturers Shift Sourcing From Logs to Residues
Seattle, WA, March 22, 2017—Over the past ten years, there has been a clear shift in fiber-sourcing for pellet manufacturers in the U.S. south from logs to residues.
Ulster Carpets Acquires Machinery Maker Griffith Textile Machines
Craigavon, UK, March 21, 2017—U.K.-based Ulster Carpets has acquired English machinery maker Griffith Textile Machines (GTM) in a cash buy as part of a multi-million pound overhaul at the firm, reports Belfast Telegraph.
February Activity at Georgia Ports Hit Record High
Savannah, GA, March 21, 2017--The Georgia Ports Authority saw its busiest February ever for total cargo, moving 2.94 million tons across all docks last month, a 10% increase over February 2016, and second only to January’s 3.01 million tons.