Home Prices Continue To Fall in March
New York, NY, May 31, 2011 -- Home prices have reached their lowest point since 2006, due to foreclosures and a big inventory of unsold homes.
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.
InterfaceFlor Opens Fifth Showroom in India
Delhi, India, May 31, 2011 -- InterfaceFlor is opening a new combined office and showroom in Delhi.
Valinge Signs Vietnamese Bamboo Firm
Viken, Sweden, May 31, 2011 -- Välinge said it has signed a license agreement with a Vietnamese flooring producer Artex Tien Dong Co. for use of its glue free mechanical locking systems.
Oil Prices Rise on Weaker Dollar
New York, NY, May 31, 2011 -- Oil prices rose above $102 a barrel Tuesday the U.S. dollar weakened and traders worried about turmoil in Libya and the Middle East.
Chicago PMI Falls More Than Expected
Chicago, IL, May 31, 2011 -- The Chicago PMI fell sharply to a reading of 56.6% in May from April's 67.6%.
Consumer Sentiment Rises More Than Expected
Ann Arbor, MI, May 27, 2011 -- The Thomson Reuters/University of Michigan consumer sentiment survey rose to 74.3 in May from 69.8 in April.
Pending Home Sales Decline in April
Washington, DC, May 27, 2011 -- Pending home sales fell 11.6% in April, the National Association of Realtors said.
Bolyu, LSI Floors Form Joint Distribution Pact
Adairsville, GA, May 27, 2011 -- Carpet maker Bolyu and luxury vinyl tile firm LSI Floors have formed a joint distribution agreement.
Lumber Liquidators Begins Expansion in Canada
Ottawa, Canada, May 27, 2011 -- Lumber Liquidators has begun expanding into Canada in the Ottawa-Windsor area.
Oregon Carpet Recycling Firm Plans Expansion
Beaverton, OR, May 27, 2011 -- Oregon based Carpet Collectors recycling business is looking to expand across the West Coast.