House Prices Up Most Since 2006
Washington, DC, March 26, 2013 -- The S&P/Case-Shiller composite index of house prices rose 8.1% in January.
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.
New Home Sales Fall in February
Washington, DC, March 26, 2013 -- New home sales fell 4.6% in February to mark the biggest drop in two years, the Commerce Department said.
NWFA Names Director of Expositions
St. Louis, MO, March 26, 2013 -– The National Wood Flooring Association said that it has named Linda Walter director of expositions and business development.
Durable Goods Orders Surge in February
Washington, DC, March 26, 2013 -- Durable goods orders surged in February, the Commerce Department said.
Consumer Confidence Declines in March
New York, NY, March 26, 2013 -- Consumer confidence fell in March to a reading of 59.7 in March from 68.0 in February, the Conference Board said.
Shadow Housing Inventory Down Sharply
New York, NY, March 26, 2013 -- What's known as the shadow inventory of potential housing supply was 2.2 million units in January, down 18% from a year ago and down 28% from its peak, CoreLogic said.
Unilin Issues Licenses for Additional LVT Firms
Dallas, TX, March 26, 2013 -– Additional LVT manufacturers have entered into license arrangements with Flooring Industries, the intellectual property company of the Unilin Group.
Valinge, Licheer Add Agreement on LVT
Viken, Sweden- March 26, 2013 -- Välinge Innovation and Licheer Wood Co. Ltd have extended their license agreement to also include LVT.
Mohawk's Spano Acquisition Under EC Review
Calhoun, GA, March 25, 2013 -- Mohawk Industries’ proposed acquisition of Belgian panel board manufacturer Spano Invest NV for $168 million in cash is being reviewed by the European Commission, according to the Atlanta Journal-Constitution.
CRI Meets in Washington on Key Carpet Issues
Dalton, GA, March 25, 2013 -- Eight representatives from the Carpet & Rug Institute and its leading member manufacturers recently lobbied in Washington on behalf of the carpet industry and U.S. manufacturers.