Flooring Sustainability Summit Launches Project Design Award Program
Arlington, VA, April 21, 2025—The Flooring Sustainability Summit has announced a new initiative celebrating innovation and leadership in sustainable design.
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.
Home Values Flatten as Inventory Swells
Seattle, WA, April 21, 2025—Home price growth paused and inventory swelled during what is typically one of the most competitive home shopping months of the year, according to Zillow's latest market report. That's despite mortgage rates reaching a 2025 low in March.
China Adds Reciprocal Tariffs of 125% to U.S. Hardwood Products
Sterling, VA, April 21, 2025-On April 11, China matched the U.S.'s increased tariff with a 125% rate on U.S. products, including hardwoods, according to the Decorative Hardwoods Association.
Florim USA Celebrating 25 Years of U.S. Operations
Clarksville, TN, April 21, 2025—Florim USA is celebrating 25 years of operation at its state-of-the-art facility in Clarksville, Tennessee.
March Housing Starts Rose 1.6% from Feb., Down 0.2% YOY
Washington, DC, April 17, 2025— Privately-owned housing units authorized by building permits in March were at a seasonally adjusted annual rate of 1,482,000, 1.6% above the revised February rate of 1,459,000 but 0.2% below the March 2024 rate of 1,485,000, according to the U.S. Census Bureau.
Remodeling to Rise 2.5% by Q1 2026
Cambridge, MA, April 17, 2025--The Leading Indicator of Remodeling Activity (LIRA) projects that year-over-year spending for home renovation and repair will increase by 2.5% to reach a record $526 billion by the first quarter of 2026, according to the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
Jobless Claims Declined by 9,000 in Week Ending April 12
Washington, DC, April 17, 2025— In the week ending April 12, the advance figure for seasonally adjusted initial claims was 215,000, a decrease of 9,000 from the previous week's revised level, according to the Department of Labor.
Shaw Moves Operations & Manufacturing Under Business Unit Leaders
Dalton, GA, April 16, 2025-Shaw has announced organizational changes to further align its structure with the company’s customer-centric strategy.
NWFA Expo Underway Now in Charlotte
Charlotte, NC, April 16, 2025-The National Wood Flooring Association (NWFA) expo kicked off yesterday in Charlotte, North Carolina.
Builder Confidence Rose 1 Point to 40 in April
Washington, DC, April 16, 2025— Builder confidence in the market for newly built single-family homes was 40 in April, edging up one point from March, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).