Housing Affordability Varies By Race, Ethnicity
Washington, DC, May 11, 2011 -- Housing is far more affordable for Asians and Whites than other ethnic groups, according to new data released by the National Association of Home Builders.
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.
Online Shopping Surges in First Quarter
New York, NY, May 11, 2011 -- Online retail sales rose 12% in the first quarter over the same period a year ago, according to web measurement firm comScore Inc.
China Ceramics Reports Higher Quarterly Profit
Jinjiang, China, May 11, 2011 -- China Ceramics Co. reported first quarter net profit of $ 8.2 million, up 19.2% from the first quarter of 2010.
Home Resales Increase in First Quarter
Washington, DC, May 10, 2011 -- Existing-home sales continued to recover in the first quarter with gains recorded in 49 states and the District of Columbia, according to the National Association of Realtors.
Armstrong Raising Resilient Prices in June
Lancaster, PA, May 10, 2011 -- Armstrong said it will increase prices 6-8% in the U.S. and Canada on vinyl composition tile, commercial and residential luxury vinyl tile, and residential sheet and tile.
Indonesia, EU Move To Stop Illegal Wood Trade
Washington, DC, May 10, 2011 -- Indonesia and the European Union have finalized an agreement aimed at ending the trade in illegally-sourced wood, according to the BBC.
Chain Store Sales Increase Over Last Year
New York, NY, May 10, 2011 -- Chain-store sales for the week ended May 7 rose 2.7% from the same time last year, according to the International Council of Shopping Centers and Goldman Sachs.
Oil Price Slide Continues Early Tuesday
New York, NY, May 10, 2011 -- Oil prices fell below $102 a barrel Tuesday.
Bona Presenting CEU at Architects Convention
Aurora, CO, May 10, 2011 -- Hardwood maintenance products firm Bona US said it will present a continuing education unit at the National American Institute of Architects Convention May 12-14.
Sustainability Likely To Be Trend at Domotex ME
Dubai, UAE, May 10, 2011 -- Sustainable products are set to be a key trend at Domotex Middle East Sept. 12-14.