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.

Construction Costs Flat in July

Construction Costs Flat in July

Arlington, VA, August 13, 2018-Prices for goods and services used in construction costs were unchanged overall from June to July, but months of steep increases over the past year have squeezed the profits of contractors, whose bid prices have not matched the cost shocks, according to an analysis by the Associated General Contractors of America of new Labor Department data.

CTEF Now Provides Alphabetical Listing of Certified Tile Installers

CTEF Now Provides Alphabetical Listing of Certified Tile Installers

Pendleton, SC, August 13, 2018—The Ceramic Tile Education Foundation (CTEF), which provides education and installer certification for professionals working in the ceramic tile and stone industry, has developed an alphabetical listing of Certified Tile Installers on its website.

Economists Boost Near Term Projections

Economists Boost Near Term Projections

New York, NY, August 10, 2018—Economists are raising 2018 growth projections after a strong second quarter, but disputes with U.S. trading partners, a fading boost from fiscal stimulus and rising short-term interest rates lead many to believe the boom won’t last much beyond that, according to The Wall Street Journal.

Housing Affordability Hits 10-Year Low in Second Quarter 2018

Housing Affordability Hits 10-Year Low in Second Quarter 2018

Washington, D.C., August 10, 2018—Rising home prices and interest rates pushed housing affordability to a 10-year low in the second quarter of 2018, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI).

Existing Single-Family Home Prices Up 5.3%

Existing Single-Family Home Prices Up 5.3%

Washington, DC, August 9, 2018—According to the latest quarterly report by the National Association of Realtors, the national median existing single-family home price in the second quarter was $269,000.