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 Rose 6.1% in February

New Home Sales Rose 6.1% in February

Washington, DC, March 23, 2017— Sales of new single-family houses in February 2017 were at a seasonally adjusted annual rate of 592,000, 6.1% above the revised January 2017 estimate of 558,000, according to the U.S. Census Bureau.

Architecture Billings Returned to Growth in February

Architecture Billings Returned to Growth in February

Washington, DC, March 22, 2017—The American Institute of Architects (AIA) reported the February Architecture Billings Index (ABI) score was 50.7, up from a score of 49.5 in the previous month. This score reflects a minor increase in design services (any score above 50 indicates an increase in billings).

FHFA Home Price Index Flat in January

FHFA Home Price Index Flat in January

Washington, DC, March 22, 2017—U.S. house prices remained flat in January according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI).

Custom Building Products Buys Carbon Offset Credits

Custom Building Products Buys Carbon Offset Credits

Huntington Beach, CA, March 23, 2017—Custom Building Products continues its long-standing commitment to sustainability by purchasing carbon offset credits from TerraPass, which fund programs that eliminate 1,200 metric tons of greenhouse gas emissions annually.

Karndean Announces Changes to Marketing Department

Karndean Announces Changes to Marketing Department

Export, PA, March 22, 2017—In 2016, Karndean Designflooring doubled the size of its U.S. headquarters and, in 2017, is proud to announce new positions and additions to its corporate marketing department due to the company’s ongoing growth.

Existing Home Sales Fell 3.7% in February, But Up 5.4% YOY

Existing Home Sales Fell 3.7% in February, But Up 5.4% YOY

Washington, DC, March 22, 2017—After starting the year at the fastest pace in almost a decade, existing-home sales slid 3.7% in February but remained above year ago levels both nationally and in all major regions, according to the National Association of Realtors.