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.

Mortgage Rates Highest in More Than a Year

Washington, DC, May 31, 2013 -- Mortgage rates hit their highest level in more than a year, according to Freddie Mac.

New LEED Version Getting Field Tests

Washington, DC, May 31, 2013 -- The U.S. Green Building Council said that nearly 100 building projects worldwide are already using LEED v4 by participating in the LEED v4 beta.

Valinge Wins U.S. Patent on Wood Fiber Process

Viken, Sweden, May 31, 2013 -- Valinge said that its subsidiary CeraLoc Innovation Belgium has been granted a U.S. patent regarding how its wood fiber floors are manufactured.

Consumer Spending Falls in April

Washington, DC, May 31, 2013 -- Consumer spending fell in April by the largest amount in almost a year, according to the Commerce Department.

Mercier Has Incentives for Consumers, Retailers

Montmagny, QC, Canada, May 31, 2013 -- Mercier Wood Flooring is holding a promotion for both retailers and consumers.

Pending Home Sales Up 10% from Last Year

Washington, DC, May 30, 2013 -- Pending home sales edged up 0.3% in April, the National Association of Realtors reported Thursday.

Armstrong Raising Wood Prices in July

Lancaster, PA, May 30, 2013 -- Armstrong said it will raise prices 5-7% in the U.S. and Canada on all solid hardwood and on select engineered hardwood products, effective with shipments on July 15.

Bamboo Hardwoods Signs Distributor Horizon

Raleigh, NC, May 30, 2013 -- Bamboo Hardwoods said it has entered into an agreement with Horizon Forest Products to distribute its bamboo flooring.

Bank-Owned Home Sales at Five-Year Low

Irvine, CA, May 30, 2013 -- Sales of bank-owned properties in the first quarter hit their lowest level since early 2008, according to tracking firm RealtyTrac.

Home Sellers Gaining More Clout

New York, NY, May 30, 2013 -- Home sellers are slowly gaining the upper hand, according to a survey by real estate firm Century 21.