House Prices Continue To Climb
Washington, DC, Aug. 22, 2013 -- June house prices rose 7.7% over the past year and 0.7% from May, the Federal Housing Finance Agency said.
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.
Flooring Sales a Bright Spot for Home Depot
Atlanta, GA, Aug. 22, 2013 -- The growth of flooring sales at Home Depot was partly responsible for the firm's better than expected second quarter results, according to remarks on the firm's conference call.
Distributor Haines Names Two VPs
Glen Burnie, MD, Aug. 22, 2013 -– Mark Blakley has been named vice president of operations for flooring distributor Haines.
Lumber Liquidators Investing in Distribution Sites
Toano, VA, Aug. 22, 2013 -- Lumber Liquidators said it is planning a new distribution center in Henrico County, Virginia and will lease a new West Coast distribution center in Pomona, California.
Initial Jobless Claims Edge Up
Washington, DC, Aug. 22, 2013 -- Initial claims for unemployment benefits edged higher to 336,000 but remained near their lowest level since 2007.
Existing Home Sales Rise More Than Expected
Washington, DC, Aug. 21, 2013 -- Existing-home sales in July rose 6.5% to a seasonally adjusted annual rate of 5.39 million, the highest level since late 2009, according to the National Association of Realtors.
Lowe's Rides Housing Rebound to Higher Profit
Mooresville, NC, Aug. 21, 2013 -- Lowe's reported that its second-quarter net income rose 26%, thanks to the housing market recovery.
Harris Wood Floors Updates Marketing Items
Boca Raton, FL, Aug. 21, 2013 -- Harris Wood Floors, part of QEP Company, has updated it marketing materials and is introducing the Harris Wood Magazine.
Tate, Interface Partner on Access Floor Product
Jessup, MD, Aug. 21, 2013 -- Raised flooring supplier Tate said it has partnered with carpet tile maker Interface, Inc. to incorporate Interface products into Tate’s PosiTile carpet tile product for access floors.
Toll Brothers Reports Jump in Sales
Horsham, PA, Aug. 21, 2013 -- Luxury homebuilder Toll Brothers reported a 24% increase in third quarter revenue.