Dodge Momentum Index Rose 3.4% in September
Boston, MA, October 8, 2025—The Dodge Momentum Index (DMI), issued by Dodge Construction Network, increased 3.4% in September to 304.6 (2000=100) from the downwardly revised reading of 294.7.
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Mortgage Applications Declined 4.7% in Week Ending October 3
Washington, DC, October 8, 2025—Mortgage applications decreased 4.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 3, 2025.
Minor Mortgage Rate Drop Ignites Borrowers
New York, NY, October 8, 2025—“A minor move in mortgage rates triggered a strong reaction from borrowers,” reports the Wall Street Journal.
Home Purchase Cancellations Rose to 15.1% in August
Seattle, WA, October 7, 2025—Roughly 56,000 U.S. home-purchase agreements were canceled in August, equal to 15.1% of homes that went under contract that month, according to a new report from Redfin.
Aaron John Returns to Shaw as GM of Shaw’s Southern Residential Business
Dalton, GA, October 6, 2025-Shaw Industries has announced that Aaron John has been named general manager of the south geography for its residential division.
IICRC Announces 2025-2026 Board of Directors
Las Vegas, NV, October 7, 2025—The Institute of Inspection, Cleaning and Restoration Certification (IICRC) announces the election of five director positions for the 2025 to 2026 board of directors.
RFCI Adds Dongshin Polymer as Associate Manufacturer Member
La Grange, GA, October 7, 2025—RFCI welcomes Dongshin Polymer as a new associate manufacturer member.
U.S. Wood Manufacturers Request Tariffs on Imports
Washington, DC, October 6, 2025—On October 1, nine presidents and CEOs representing American manufacturers of hardwood plywood, engineered wood flooring and hardwood veneer asked President Trump to add its industry’s products to the recently announced Section 232 tariffs on wood products.
Gerflor Acquires Matter Surfaces
Bolingbrook, IL, October 6, 2025-Gerflor Group, a global provider of resilient flooring and surface solutions, announced the acquisition of Matter Surfaces, a provider of entrance systems and architectural surface solutions in the U.S. commercial market.
Synchrony Acquires Versatile Credit
Stamford, CT, October 6, 2025—Synchrony has acquired consumer financing software firm Versatile Credit.