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.

BuildDirect Acquires Superb Flooring & Design

BuildDirect Acquires Superb Flooring & Design

Vancouver, BC, November 22, 2021-BuildDirect.com Technologies Inc. has acquired Michigan-based full-service flooring retailer Superb Flooring & Design for a total purchase price of $10 million.

Existing-Home Sales Rose 0.8% in September

Existing-Home Sales Rose 0.8% in September

Washington, DC, November 22, 2021—Total existing-home sales rose 0.8% from September to a seasonally adjusted annual rate of 6.34 million in October, according to the National Association of Realtors. Sales fell 5.8% from a year ago (6.73 million in October 2020).

Only 16 States & DC Have Added Construction Jobs During Pandemic

Only 16 States & DC Have Added Construction Jobs During Pandemic

Washington, DC, November 22, 2021—Only 16 states and the District of Columbia have added construction jobs since just before the start of the pandemic in February 2020, according to a new analysis of federal employment data by the Associated General Contractors of America.

Amid Housing Shortage, Manufactured Housing Sees an Opportunity

Amid Housing Shortage, Manufactured Housing Sees an Opportunity

New York, NY, November 22, 2021—"Housing lenders, developers and advocates think they have found a winning formula by building homes in factories that look like site-built homes but cost less. More developments like the one in Seguin [Texas] could help alleviate America’s housing-affordability crisis, they say,” reports the Wall Street Journal.

Confidence in Multifamily Market Rose in Q3

Confidence in Multifamily Market Rose in Q3

Washington, DC, November 19, 2021—Confidence in the market for new multifamily housing improved in Q3, according to results from the Multifamily Market Survey (MMS) released by NAHB.

I4F Forms Partnership with CFL for Finishing Technology

I4F Forms Partnership with CFL for Finishing Technology

Hamont, Belgium, November 19, 2021-I4F, a group of companies providing patents and technologies to the flooring industry, announced that CFL has signed a new license agreement with i4F for its low gloss, matte effect surface finishing technology.