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.

June's Slumped Housing Sales Indicate Complicated Market, WSJ

June's Slumped Housing Sales Indicate Complicated Market, WSJ

New York, NY, July 24, 2018—The combination of low inventory, high interest rates and increased price tags led to a slump in existing home sales in June, according to The Wall Street Journal (WSJ) in an article called “Home Sales Extend Slump Despite Economic Strength” by Laura Kusisto and Sharon Nunn.

FHFA Home Price Index Inched Up in May

FHFA Home Price Index Inched Up in May

Washington, DC, July 24, 2018-U.S. house prices rose in May, up 0.2% from the previous month, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI).

CFI Announces Details of 25th Anniversary Convention

CFI Announces Details of 25th Anniversary Convention

Forney, TX, July 24, 2018-CFI has announced additions to the line-up of training seminars, hands-on workshops and presentations at the upcoming CFI Convention running August 15 through the 17 at the Rosen Shingle Creek Resort in Orlando, Florida.

Existing-Home Sales Fell 0.6% in June

Existing-Home Sales Fell 0.6% in June

Washington, DC, July 23, 2018-Total existing-home sales decreased 0.6% to a seasonally adjusted annual rate of 5.38 million in June from a downwardly revised 5.41 million in May, according to the National Association of Realtors.

Remodeling Market Saw Increased Activity in Q2

Remodeling Market Saw Increased Activity in Q2

Washington, DC, July 23, 2018—The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 58 in the second quarter of 2018, up one point from the previous quarter.