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.

Chinese Hardwood Plywood Duties to Remain in Place

Chinese Hardwood Plywood Duties to Remain in Place

Washington, DC, May 19, 2023-Last week, the U.S. International Trade Commission determined that revoking current antidumping and countervailing duties on hardwood plywood from China would have negative consequences.

Existing-Home Sales Down 3.4% in April

Existing-Home Sales Down 3.4% in April

Washington, DC, May 18, 2023—Total existing-home sales in April slid 3.4% from March to a seasonally adjusted annual rate of 4.28 million in April, according to the National Association of Realtors. Year-over-year, sales slumped 23.2% (down from 5.57 million in April 2022).

NAHB Redesigns Multifamily Market Survey, Reports Q1 Findings

NAHB Redesigns Multifamily Market Survey, Reports Q1 Findings

Washington, DC, May 18, 2023—The National Association of Home Builders (NAHB) redesigned its Multifamily Market Survey (MMS) in Q1 2023 to make it easier to interpret and more similar to the NAHB/Wells Fargo Housing Market Index for single-family housing.

April Housing Starts Up 2.2% from March but Down 22.3% YOY

April Housing Starts Up 2.2% from March but Down 22.3% YOY

Washington, DC, May 17, 2023—Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1,401,000, 2.2% above the revised March estimate of 1,371,000 but 22.3% below the April 2022 rate of 1,803,000, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.