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.

Apartment Absorption Rates Declined in Q4 2023

Apartment Absorption Rates Declined in Q4 2023

Charlotte, NC, June 3, 2024—"According to the Census Bureau's Survey of Market Absorption of New Multifamily Units, 42% of the 91,060 unsubsidized apartments completed in Q4 2023 were absorbed (aka rented) within the first three months following project completion,” reports Truist.

Southwind Appoints Two New Territory Managers

Southwind Appoints Two New Territory Managers

Dalton, GA, May 31, 2024—Southwind Floors announced that Cindy Hansen has joined Southwind as the new North Central territory manager and Kayla Kitten as the new South Central territory manager.

Pending Home Sales Fell 7.7% in April

Pending Home Sales Fell 7.7% in April

Washington, DC, May 30, 2024—Pending home sales in April fell 7.7%, according to the National Association of Realtors. All four U.S. regions registered month-over-month and year-over-year decreases.