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 Hit 15-Year High in 2021

Existing-Home Sales Hit 15-Year High in 2021

New York, NY, January 21, 2022—U.S. home sales surged to a 15-year high in 2021, powered by low borrowing rates and an intense buyer demand that are expected to keep the market hot during the first months of 2022, reports the Wall Street Journal.

Gerflor to Produce Rigid Core Flooring in The States

Gerflor to Produce Rigid Core Flooring in The States

Chicago, IL, January 21, 2022-Gerflor USA-a global producer of resilient flooring for residential, commercial, transport, and sport environments-announced that it would begin producing rigid core products domestically in late 2022.

Housing Rentals Surging, Rates Rising Amid Tight Buying Market

Housing Rentals Surging, Rates Rising Amid Tight Buying Market

Cambridge, MA, January 21, 2022-Rental housing demand came roaring back in the second year of the pandemic, reducing vacancy rates and driving up rents, according to America’s Rental Housing 2022, a new report released by the Harvard Joint Center for Housing Studies.

Remodel Spending to Expand in 2022

Remodel Spending to Expand in 2022

Cambridge, MA, January 20, 2022—Spending for home improvements and repairs is expected to expand at a stronger pace in 2022, but signs point to some easing of growth by year end, according to the Leading Indicator of Remodeling Activity (LIRA) by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.