Class Action Suit Filed Against Tile Shop
New York, NY, Jan. 2, 2014 -- A class action lawsuit has been filed against Tile Shop Holdings for the allegedly overstating its earnings, leading to an inflation of its stock price.
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.
Industry Rebound is Top Story of 2013
Chattanooga, TN, Dec. 31, 2013 -- Broadly speaking, our biggest story of 2013 is the flooring industry began a sustained turnaround.
Home Price Increases Slow in October
New York, NY, Dec. 31, 2013 -- Home prices in most U.S. cities increased at a slower pace in October, according to the Standard & Poor's/Case-Shiller 20-city home price index.
Domotex Asia Exhibition Space 90% Sold
Shanghai, China, Dec. 31, 2013 -- Organizers said that exhibition space at Domotex asia/Chinafloor is 90% sold with three months remaining before show opening on March 25.
NWFA Seeks Entries for Floor of Year Contest
St. Louis, MO, Dec. 31, 2013 -- The National Wood Flooring Association is seeking entries from its members for its 2014 NWFA Wood Floor of the Year contest.
Pending Home Sales Rise in November
Washington, DC, Dec. 30, 2013 -- Pending home sales increased slightly November, according to the National Association of Realtors.
Architecture Billings Index Edges Down
Washington, DC, Dec. 27, 2013 -- After six months of steadily increasing demand for design services, the Architecture Billings Index paused in November.
Mortgage Rates Up Sharply from Start of Year
Washington, DC, Dec. 27, 2013 -- Thirty-year mortgage rates are closing out the year more than a percentage point higher than at the beginning of the year, according to Freddie Mac.
Paul Spiewak, Co-Founder Century Tile, Dies
Prospect, IL, Dec. 30, 2013 -- Paul Spiewak, co-founder of Century Tile and Supply Co., died Dec. 24.
New Single-Family Homes Sales Near 5-Year High
Washington, DC, Dec. 26, 2013 -- Sales of new single-family homes fell last month but were still close close to the fastest rate since 2008, according to the Commerce Department.