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.
Washington, DC, June 16, 2021—Decades of underinvestment and underbuilding have created a shortage of housing in America that is more dire than previously expected and will require a concerted, long-term nationwide commitment to overcome, according to a new report released today by the National Association of Realtors and authored by the Rosen Consulting Group.
Cambridge, MA, June 16, 2021—As the U.S. economy continues to recover from the effects of the pandemic, households that weathered the crisis without financial distress are snapping up the limited supply of homes for sale, pushing up prices and further excluding less affluent buyers from homeownership.
Washington, DC, June 16, 2021—Mortgage applications increased 4.2% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending June 11, 2021.
Arlington, VA, June 16, 2021––Coverings has released a select preview of new tile and stone products, and a sneak peek of installation materials and tools, that will be unveiled at Coverings 2021, which will take place July 7-9 in Orlando, Florida in the North Hall of the Orange County Convention Center (OCCC).
Washington, DC, June 16, 2021—Prices for U.S. imports increased 1.1% in May, after a 0.8% advance the previous month, the U.S. Bureau of Labor Statistics reported.
Dalton, GA, June 16, 2021-During its first in-person board meeting with new executive director Jim Aaron at the helm, the Floor Covering Education Foundation (FCEF) brought together representatives from all aspects of the flooring industry-trade organizations, suppliers, training professionals and retailers-to address the installer crisis.
Las Vegas, NV, June 16, 2021 –Schönox will demonstrate its Hybrid Active Dry Technology at its trade show booth at Surfaces.
New York, NY, June 15, 2021-"Lumber prices are falling back to earth,” reports the Wall Street Journal.
Washington, DC, June 15, 2021-Rising material prices and supply chain shortages resulted in builder confidence dipping to its lowest level since August 2020. The latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) shows that builder confidence in the market for newly built single-family homes fell two points to 81 in June.
Chattanooga, TN, June 15, 2021—Xpress Global Systems has made a strategic expansion into the North Carolina market with the opening of a new service center in Charlotte.