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.

Realtors Cite Limited Housing Inventory as Key Challenge

Realtors Cite Limited Housing Inventory as Key Challenge

Washington, DC, May 24, 2021-Realtors cited a lack of inventory as the leading reason limiting potential clients from completing a transaction, according to the National Association of Realtors' 2021 Member Profile, an annual report analyzing members' business activity and demographics from the prior year.

Multifamily Confidence Rose 8 Points to 51 in Q1

Multifamily Confidence Rose 8 Points to 51 in Q1

Washington, DC, May 21, 2021-Confidence in the new multifamily housing market increased in the first quarter of 2021, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB).

Existing-Home Sales Down 2.7% in April

Existing-Home Sales Down 2.7% in April

Washington, DC, May 21, 2021—Total existing-home sales slipped 2.7% from March to a seasonally-adjusted annual rate of 5.85 million in April, according to the National Association of Realtors. Sales overall jumped year-over-year, up 33.9% from a year ago (4.37 million in April 2020).

Investment Buyers Blocking Homebuyers Out of Market

Investment Buyers Blocking Homebuyers Out of Market

New York, NY, May 21, 2021-In places where until a year ago properties offered affordable entry to the middle class, would-be buyers are losing out to investors and deep-pocketed rivals, reports the Wall Street Journal.