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.
Washington, DC, Sept. 24, 2009--Resales of U.S. homes dropped 2.7% in August to an annual rate of 5.10 million, the first decline in five months, the National Association of Realtors reported Thursday.
Washington, DC, Sept. 24, 2009--Loans secured by more than 1,500 luxury hotels may be in danger of default, according to Realpoint LLC, a credit rating company that tracks commercial mortgage-backed securities.
Washington, DC, Sept. 24, 2009--Commercial real estate experienced a slowdown in sales transaction volume in 2008.
Washington, DC, Sept. 24, 2009--Initial jobless claims filed last week came in at 530,000, a figure that is 21,000 lower than than the week before.
Dalton, GA, Sept. 24, 2009--Shaw said that all its laminate flooring products are now Greenguard Children & Schools SM Certified.
New York, NY, Sept. 24, 2009--The fall in U.S. home prices will probably continue because about 7 million properties that are likely to be seized by lenders have yet to hit the market.
Washington, DC, Sept. 23, 2009--The Architectural Billings Index, a key indicator of future commercial construction activity, fell to its lowest level in four months in August.
Lexington, MA, Sept. 23, 2009--U.S. construction spending is likely to fall 12 percent this year and 4 percent next year, according to IHS Global Insight Third Quarter Construction Briefing.
Lancaster, PA, Sept. 22, 2009--Armstrong World Industries is collaborating with carpet maker Beaulieu of America to create a complete portfolio of flooring products exclusively for home builders and property managers.
London, England, Sept. 23, 2009--British flooring retailer Topps Tiles said sales fell more slowly in its second half, adding to hopes the recession may be ending.