Pending Home Sales Up Over Last Year
Washington, DC, Jan. 25, 2012 -- Pending home sales fell 3.5% in December after hitting a 19-month high in November, according to the National Association of Realtors.
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.
Uniboard Completes Sale of Moncure Facilities
Moncure, NC, Jan. 25, 2012 -- Uniboard USA said it has finalized the sale of its facilities in Moncure to a subsidiary of Paneles Arauco.
Ecore International Opens New Campus
Lancaster, PA, Jan. 25, 2012 -- Ecore International has opened its 500,000-square-foot York, Pennsylvania campus.
House Prices Rise in November
Washington, DC, Jan. 25, 2012 -- U.S. home prices rose 1% in November, the Federal Housing Finance Agency said Wednesday.
Mortgage Applications Down in Latest Week
Washington, DC, Jan. 25, 2012 -- Mortgage applications fell 5% last week as home purchases and mortgage refinancing activity decrease, according to the Mortgage Bankers Association.
Wood Floor Firm BVG Plans Major Growth in India
New Delhi, India, Jan. 25, 2012 -- The country’s third largest wooden flooring brand BVG wooden is looking to expand in the vast untapped market of so-called tier two cities where market leader Pergo is yet to make a mark.
GAO Critical of Housing Appraisal Monitoring
Washington, DC, Jan. 25, 2012 -- The Government Accountability Office reported that the Appraisal Subcommittee needs to improve its monitoring procedures.
Pergo Patent Nullified by Swedish Court
Viken, Sweden, Jan. 25, 2012 -- Valinge said that a Swedish district court has nullified a Pergo patent regarding a locking system
Valinge Ends Licenses With Two Chinese Firms
Viken, Sweden, Jan. 25, 2012 -- Välinge said it has terminated its license agreements on glueless mechanical locking system with two Chinese laminate producers.
Feizy Rugs Renews Las Vegas Showroom Space
Las Vegas, NV, Jan. 25, 2012 -- Feizy Rugs said it has signed a two-year renewal with World Market Center for its showroom in the Las Vegas Design Center.