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.
Washington, DC, January 28, 2025—New orders for manufactured durable goods in December, down four of the last five months, decreased $6.3 billion or 2.2% to $276.1 billion, the U.S. Census Bureau announced. This followed a 2.0% November decrease.
Washington, DC, January 27, 2025-Sales of new single-family houses in December 2024 were at a seasonally adjusted annual rate of 698,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 3.6% above the revised November rate of 674,000 and 6.7% above the December 2023 estimate of 654,000.
Seattle, WA, January 27, 2025—Rented single-family homes are the housing market's big standout right now, with costs 20% higher than that of a typical multifamily apartment, according to the latest market report from Zillow. That's the largest difference ever recorded by Zillow.
LaGrange, GA, January 27, 2025—The Resilient Floor Covering Institute announces that The Classen Group has joined RFCI as an associate manufacturing member.
Washington, DC, January 24, 2025—Total existing-home sales elevated 2.2% from November to a seasonally adjusted annual rate of 4.24 million in December, according to the National Association of Realtors.
Ann Arbor, MI, January 24, 2025—Consumer sentiment declined 3.9% to 71.1 in January, according to final results from the University of Michigan Survey of Consumers.
Sterling, VA, January 24, 2025—U.S. imports of hardwood flooring grew by 24% in November with strong gains in imports from Malaysia and Brazil, according to the Decorative Hardwoods Association.
Washington, DC, January 24, 2025—The construction industry will need to attract an estimated 439,000 net new workers in 2025 to meet anticipated demand for construction services, according to a proprietary model developed and released by Associated Builders and Contractors
Fostoria, OH, January 24, 2025-Nox Corporation, a luxury vinyl tile (LVT) flooring producer, has signed a Memorandum of Understanding (MoU) with BASF Corporation, a global chemical company, to reduce virgin fossil use and enhance resource circularity in the flooring industry.
Viken, Sweden, January 24, 2025—Välinge Innovation has recently entered into confidential settlement agreements for an undisclosed amount of monetary compensation with Canadian flooring manufacturers and distributors Triforest Inc., Triforest Manufacturer Inc. and the Canadian retail entity Vancouver Mouldings & Floors Inc.