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.

New Home Sales Fell 6.6% in June, down 19.4% YOY

New Home Sales Fell 6.6% in June, down 19.4% YOY

Washington, D.C., July 26, 2021-New single-family home sales in June 2021 were at a seasonally adjusted annual rate of 676,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.

High Earning Gen Xers Drawn to 15 States

High Earning Gen Xers Drawn to 15 States

Chicago, IL, July 26, 2021—According to the National Association of Realtors’ (NAR) Realtor Magazine, Gen Xers, which are the highest-earning generation with a median income of $113,300, are moving to states in the South and West, some of which offer no state income tax.

Median Home Prices Hit Record-High in June

Median Home Prices Hit Record-High in June

New York, NY, July 23, 2021—Continued strong demand pushed the median U.S. home price to a record high in June, though the national house-buying frenzy cooled slightly as supply ticked higher, reports the Wall Street Journal.

Renters Facing Eviction as Federal Aid Dollars Go Undistributed

Renters Facing Eviction as Federal Aid Dollars Go Undistributed

New York, NY, July 23, 2021-State and local governments are struggling to distribute $47 billion in federal money aimed at helping tenants who can’t pay rent because of the Covid-19 crisis, leaving many people at risk of being thrown out of their homes when an eviction moratorium expires on July 31, reports the Wall Street Journal.

Existing-Home Sales Rose 1.4% in June, 22.9% YOY

Existing-Home Sales Rose 1.4% in June, 22.9% YOY

Washington, DC, July 22, 2021—Total existing-home sales grew 1.4% from May to a seasonally adjusted annual rate of 5.86 million in June, according to the National Association of Realtors (NAR). Sales climbed year-over-year, up 22.9% from a year ago (4.77 million in June 2020).