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.

Existing-Home Sales Rose 11.9% in December

Existing-Home Sales Rose 11.9% in December

Washington, DC, January 26, 2022-Sales of new single-family houses in December 2021 were at a seasonally adjusted annual rate of 811,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 11.9% above the revised November rate of 725,000 but 14.0% below the December 2020 estimate of 943,000.

Coverings Announces Details of In-Person Event in April

Coverings Announces Details of In-Person Event in April

Arlington, VA, January 26, 2022-Coverings, the largest international tile and stone exhibition and conference in North America, has announced a comprehensive roster of both popular and new activations for Coverings 2022, which will take place April 5 to 8, 2022, at the Las Vegas Convention Center in Las Vegas, Nevada.

Pace of U.S. Economic Growth May Decline Due to Inflation, Other Challenges

Pace of U.S. Economic Growth May Decline Due to Inflation, Other Challenges

New York, NY, January 26, 2022—The pace of economic growth both in the U.S. and globally is likely to decline more sharply than previously expected, the International Monetary Fund says in its latest forecast, citing inflation, fallout from the Omicron variant and chronic supply-chain problems, reports the Wall Street Journal.

Home Price Rose 18.8% YOY in November, Says Case-Shiller

Home Price Rose 18.8% YOY in November, Says Case-Shiller

New York, NY, January 25, 2022—Home prices made a 18.8% annual gain in November, down from 19.0% 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.

Fed Likely to Signal Rate Hike This Week

Fed Likely to Signal Rate Hike This Week

Chattanooga, TN, January 25, 2022—With inflation punishing consumers and threatening the economy, the Federal Reserve this week will likely signal its intent to begin raising interest rates in March for the first time in three years, reports the Chattanooga Times Free Press.