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.

93,000 Build-to-Rent Homes Completed in 2023

93,000 Build-to-Rent Homes Completed in 2023

New York, NY, May 14, 2024-"Developers are building new houses for rent at an unprecedented rate, aiming to capitalize on the steep home prices and higher mortgage rates that are forcing many Americans to keep renting,” reports the Wall Street Journal.

Over 90% of Metro Markets Posted Home Price Gains in Q1 2024

Over 90% of Metro Markets Posted Home Price Gains in Q1 2024

Washington, DC, May 13, 2024—More than 90% of metro markets (205 out of 221, or 93%) posted home price gains in the first quarter of 2024, as the 30-year fixed mortgage rate ranged from 6.60% to 6.94%, according to the National Association of Realtors' latest quarterly report.