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, May 29, 2025— In the week ending May 24, the advance figure for seasonally adjusted initial claims was 240,000, an increase of 14,000 from the previous week's revised level, according to the Department of Labor.
Avon, MA, May 29, 2025—SelecTech, Inc., a manufacturer of flooring products, recently announced Jack Keeley as director of operations.
Charlotte, NC, May 28, 2025—"The competitive environment of the homebuilding industry has notably changed over the past 20 years, with the largest homebuilders now representing a much larger share of the new home market,” reports Truist.
Washington, DC, May 28, 2025—Mortgage applications decreased 1.2% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 23, 2025.
Seattle, WA, May 28, 2025—The busiest week of the year for rental seekers is here. Data from Zillow Rentals shows that the first week of June brings a spike in activity on the platform; listing views, rental applications and outreach to property managers have all peaked at this time over the past two years.
Clemson, SC, May 27, 2025- On May 23, the Coalition for Fair Trade in Ceramic Tile (Coalition) filed with the U.S. Court of International Trade its appeal of the U.S. Department of Commerce (Commerce) determination that ceramic tile from India is not being, or is not likely to be, sold in the United States at less-than-fair-value, as provided in section 733(b) of the Tariff Act of 1930, as amended.
Washington, DC, May 27, 2025—Home prices made a 3.4% annual return for March, down from a 4% annual gain in the previous month, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions.
Washington, DC, May 27, 2025—New orders for manufactured durable goods in April, down following four consecutive monthly increases, decreased $19.9 billion or 6.3% to $296.3 billion, the U.S. Census Bureau announced. This followed a 7.6% March increase.
Washington, DC, May 23, 2025—Sales of new single-family houses in April 2025 were at a seasonally-adjusted annual rate of 743,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 10.9% above the March 2025 rate of 670,000 and 3.3% above the April 2024 rate of 719,000.
Sterling, VA, May 23, 2025—The Coalition for Fair Trade in Hardwood Plywood has petitioned for antidumping and countervailing duties to counter unfair trade practices by Indonesia, Vietnam and China, reports the Decorative Hardwoods Association.