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.

New Home Sales Rose 1.1% in February

New Home Sales Rose 1.1% in February

Washington, DC, March 23, 2023—Sales of new single-family houses in February 2023 were at a seasonally adjusted annual rate of 640,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 1.1% above the revised January rate of 633,000 but 19.0% below the February 2022 estimate of 790,000.

Aging U.S. Housing Stock Requires Remodel Investment

Aging U.S. Housing Stock Requires Remodel Investment

Ambridge, MA, March 23, 2023—The pandemic focused attention on our homes as never before, lifting the U.S. remodeling market to an unprecedented height of $567 billion in 2022, according to Improving America's Housing 2023, a new report released by the Harvard Joint Center for Housing Studies.

Architecture Billings Declined to 48.0 in February

Architecture Billings Declined to 48.0 in February

Washington, DC, March 22, 2023--More architecture firms reported a decline in billings in February, with the index score declining to 48.0 from 49.3 in January, according to a new report released from The American Institute of Architects (AIA).

Home Prices Declined in Feb., Marking First YOY Drop in A Decade

Home Prices Declined in Feb., Marking First YOY Drop in A Decade

New York, NY, March 22, 2023—"The first year-over-year drop in home prices in more than a decade and a dip in mortgage rates snapped a yearlong streak of declining monthly home sales, showing the effects of the Federal Reserve’s campaign to raise interest rates,” reports the Wall Street Journal.

CFI Develops Credential for FCEF Installation College Program

CFI Develops Credential for FCEF Installation College Program

Dalton, GA, March 22, 2023-–The Certified Flooring Installer (CFI) program will offer testing, credentialing, and credit recognition for graduates of the Floor Covering Education Foundation’s (FCEF) “Basic Floor Covering Installation” program (BFCI) offered throughout its network of technical colleges and schools.

American Consumers Have Lost $1 Trillion to Inflation

American Consumers Have Lost $1 Trillion to Inflation

Fort Lauderdale, FL, March 22, 2023—"Ever since retail opened up after the pandemic, the National Retail Federation has gushed over the resiliency of the U.S. economy and the American consumer,” reports Unity Marketing.

NeoCon Announces Keynotes for 2023 Event

NeoCon Announces Keynotes for 2023 Event

Chicago, IL, March 22, 2023—NeoCon—which will be held June 12 to 14 at The Mart in Chicago, is pleased to announce the keynote speakers for this year’s edition: futurist Amy Webb (founder and CEO of the Future Today Institute); designer, writer, and teacher, Michael Murphy (co-founder of MASS Design Group); and "The Hip Hop Architect” Michael Ford, AIA, NOMA, alongside Chicago hip hop legend and visiting MIT professor, Wasalu Muhammad Jaco, a.k.a Lupe Fiasco.