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.
Viken, Sweden, July 20, 2009--Välinge said it has signed a global non-exclusive license agreement with the Chinese company Zhejiang Yuhua Timber Co., Ltd. for use of Välinge mechanical locking system technology.
Washington, DC, July 17, 2009--Home builder confidence in the market for single-family homes notched up two points in July to its highest level since September.
Washington, DC, July 17, 2009--New housing starts and permits increased in June, fueled by a rise in ground-breakings for single-family homes.
Washington, DC, July 17, 2009--Rates on fixed-rate mortgages dropped for the third week in a row, according to Freddie Mac's weekly survey of conforming mortgages, released on Thursday.
Cambridge, MA, July 17, 2009--Homeowners will continue to decrease spending on home improvements for several more quarters, according to the latest research form Harvard University's Joint Center for Housing Studies.
Orpington, UK, July 17, 2009--Allied Carpets has gone into administration, as the stagnating housing market led to a fall in demand for carpets and flooring.
New York, NY, July 17, 2009--Goldman Sachs has downgraded Lumber Liquidators, from Buy to Neutral, with an $18 price target.
Fort Wayne, IN, July 17, 2009--A new flooring product has been developed to help prevent injuries from falls by the growing elderly population.
Philadelphia, PA, July 17, 2009--A federal judge has ruled in favor of consumers suing over minimum pricing policies, an issue that has sparked a similar suit by two online retailers.
Irvine, CA, July 16, 2009--Foreclosure filings soared by nearly 15 percent in the first half of the year as more people lost their jobs and were unable to pay their monthly mortgage bills.