KB Home Revenues Up 24% YOY to $1.0 Billion in Q2 2017
Los Angeles, CA, June 28, 2017—KB Home reported revenue of $1.00 billion for Q2 2017, a 24% increase over Q2 2016’s $808.5 million.
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.
J+J Releases Shift Volume 2
Dalton, GA, June 28, 2017—J+J Flooring Group has released Volume 2 of Shift, a publication designed to change perspectives and spark new ideas in commercial flooring applications using the J+J product portfolio.
European Patent Office Confirms Pergo’s Folddown Patent
Wielsbeke, Belgium, June 28, 2017—On June 23, the Opposition Division of the European Patent Office (EPO) confirmed the validity of Pergo’s folddown patent EP 2 009 195 B1, which relates to folddown systems in flooring panels.
Construction Employment Increased in 243 Metro Areas in May YOY
Arlington, VA, June 28, 2017—Construction employment increased in 243 out of 358 metro areas between May 2016 and May 2017, declined in 59 and stagnated in 54, according to a analysis of federal employment data released by the Associated General Contractors of America.
Uptick in Seller Optimism May Yield More Homes on the Market, NAR
Washington, DC, June 27, 2017—Existing housing inventory has declined year over year each month for two straight years, but new consumer findings from the National Association of Realtors offer hope that the growing number of homeowners who think now is a good time to sell will eventually lead to more listings.
Bostik Upgrades to Official Partnership of Tour de France
Paris, FR, June 27, 2017—Bostik has upgraded from sponsorship to official partnership of the Tour de France for 2017 and 2018 cycling events.
Home Prices Rose 5.6% in April, Says S&P CoreLogic Case-Shiller
New York, NY, June 27, 2017—The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.5% annual gain in April, down from 5.6% last month.
Tile of Spain Adds to Quick Ship Collection
Miami, FL, June 27, 2017 - Tile of Spain, the international brand representing 125 ceramic tile manufacturers belonging to the Spanish Ceramic Tile Manufacturers' Association, announces new additions to the Tile of Spain Quick Ship Collection.
New, Single-Family Home Sales Up 12.2% Year to Date
New York, NY, June 26, 2017—The market for new, single-family homes is strong, as evidenced by a May rise in sales as well as prices hitting a record level, according to a Wall Street Journal article called “Buyers Fuel Market for New Homes” by Sarah Chaney and Jeffrey Sparshott.
Durable Goods Orders Fell 1.1% in May, Driven by Transportation
Washington, DC, June 26, 2017—New orders for manufactured durable goods in May decreased $2.5 billion or 1.1% to $228.2 billion, the U.S. Census Bureau announced.