Trey Thames Named VP of Residential Sales for Engineered Floors
Dalton, GA, August 13, 2025-Trey Thames has been named vice president of residential sales for Engineered Floors.
Today's Flooring News
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75% of Metro Markets Had Home Price Gains in Q2
Washington, DC, August 13, 2025—Seventy-five percent of metro markets (170 out of 228) registered home price gains in the second quarter of 2025, according to the National Association of Realtors' Metropolitan Median Area Prices and Affordability and Housing Affordability Index.
Mortgage Applications Rose 10.9% in Week Ending August 8
Washington, DC, August 13, 2025—Mortgage applications increased 10.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 8, 2025.
Daniel McGovern, VP for Stanton and Founder of Cavan, Has Died
Yardley, PA, August 13, 2025—Daniel McGovern, 67, regional vice president of the New York region for Stanton, died August 1.
Inflation Flat at 2.7% in July
Washington, DC, August 12, 2025—"Consumer prices were up 2.7% in July from a year earlier, the Labor Department said Tuesday, unchanged from June’s gain of 2.7%,” reports the Wall Street Journal.
Small Business Optimism Rose to 100.3 in July
Washington, DC, August 12, 2025—The NFIB Small Business Optimism Index rose 1.7 points in July to 100.3, slightly above the 52-year average of 98.
Construction Backlog Rose to 8.8 Months in July
Washington, DC, August 12, 2025—The Construction Backlog Indicator rose to 8.8 months in July, according to an Associated Builders and Contractors member survey conducted July 24 to August 4. The reading is up 0.4 months since July 2024.
Centricity Forms Partnership with Flooring Stores United
St. Petersburg, FL, August 12, 2025—Centricity, a provider of innovative flooring protection solutions, has announced a strategic partnership with Flooring Stores United, a buying group representing 83 independent flooring retailers across the country.
Mullican & AHF Introduce New U.S.-Made Hardwood Products
Chattanooga, TN, August 12, 2025—Mullican and AHF have both launched new domestically made hardwood products.
Live Ventures' Flooring Retail & Manufacturing Businesses Post Q3 Decline
Las Vegas, NV, August 11, 2025-Live Ventures reported Q3 2025 revenue of $112.5 million, a 9.2% decline from $123.9 million in the prior year period, primarily due to retail flooring and steel manufacturing segment declines.