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 Leapt 17.5% in November, 26.6% YOY

New Home Sales Leapt 17.5% in November, 26.6% YOY

Washington, DC, December 22, 2017—Sales of new single-family houses in November 2017 were at a seasonally adjusted annual rate of 733,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.

Consumer Sentiment Fell 2.6% in December

Consumer Sentiment Fell 2.6% in December

Ann Arbor, MI, December 22, 2017—Consumer sentiment fell 2.6% to 95.9 in December from November’s 98.5 rate, according to final results from the University of Michigan.

Home Prices Inched Up 0.5% in October

Home Prices Inched Up 0.5% in October

Washington, DC, December 22, 2017—U.S. house prices rose in October, up 0.5% from the previous month, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI).

Lumber Liquidators Contributes to Hurricane Harvey Relief

Lumber Liquidators Contributes to Hurricane Harvey Relief

Toano, VA, December 21, 2017— Lumber Liquidators, in coordination with Texas Governor Greg Abbott, has committed more than $100,000 in cash and flooring product to help one of the communities hardest hit by Hurricane Harvey—Aransas Pass, Texas.

Home Depot Acquires The Company Store

Home Depot Acquires The Company Store

Atlanta, GA, December 21, 2017—The Home Depot has acquired The Company Store, an online retailer of textiles and home décor products, include area rugs, from Hanover Direct.

Existing-Home Sales Surged 5.6% in November

Existing-Home Sales Surged 5.6% in November

Washington, DC, December 20, 2017—Total existing-home sales jumped 5.6% to a seasonally adjusted annual rate of 5.81 million in November from an upwardly revised 5.50 million in October, according to the National Association of Realtors.

Tile of Spain Forecasts 2018 Tile Trends

Tile of Spain Forecasts 2018 Tile Trends

Miami, FL, December 20, 2017—Tile of Spain, the association of over 125 Spanish tile manufacturers, is forecasting macro trends for 2018 which include: monochromatic colors, planks for wood and beyond, well-loved vintage looks, non rectified edges, encaustic mashups, gauged porcelain (large format thin tile) and thick pavers in porcelain.