Mortgage Applications Rise on Refinancing
Washington, DC, Aug. 20, 2014 -- Mortgage application volume rose last week as demand for refinancing increased, according to the Mortgage Bankers Association.
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.
Home Depot Profit, Sales Rise
Atlanta, GA, Aug. 19, 2014 -- Home Depot said its second quarter net income increased to $2.05 billion, or $1.52 per share, from $1.8 billion, or $1.24 per share, in the same quarter last year.
Housing Starts, Building Permits, Surge in July
Washington, DC, Aug. 19, 2014 -- Both home construction starts and building permits rose sharply in July at the fastest pace in eight months, according to the Commerce Department.
Consumer Prices Remain Tame in July
Washington, DC, Aug. 19, 2014 -- Consumer prices rose in July at the slowest rate in five months, according to the Labor Department.
Builder Confidence at Seven-Month High
Washington, DC, Aug. 18, 2014 -- Homebuilder confidence rose in August to the highest level in seven months, according to the National Association of Home Builders.
Bamboo Hardwoods Signs Midwest Distributor
Seattle, WA, Aug. 18, 2014 -- Bamboo Hardwoods said it has entered into a distribution agreement with Bishop Distributing.
Multilayer Association Gets Three New Members
Bielefeld, Germany, Aug. 18, 2014 -- The Multilayer Modular Flooring Association said it has three new members.
Atllanta Home Sales, Prices Dip in July
Atlanta, GA, Aug. 18, 2014 -- Home sales and prices in the Atlanta Metro area fell slightly from June, the Atlanta Board of Realtors saiid Monday.
Investors Wondering About Firm's Stake in Armstrong
New York, NY, Aug. 15, 2014 -- Flooring industry analyst Stifel Nicolaus says talk is heating among its clients up that Armstrong World Industries could be broken into separate entities.
Consumer Sentiment Falls in Early August
Washington, DC, Aug. 15, 2014 -- The preliminary August reading on the University of Michigan/Thomson Reuters consumer-sentiment index fell to 79.2 from a final July result of 81.8.