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.

"Pocket Listings" On the Rise Amid Tight Housing Market

"Pocket Listings" On the Rise Amid Tight Housing Market

New York, NY, May 26, 2021—Real-estate agents are selling more homes to select customers while bypassing the public market, a move that squeezes supply tighter for many buyers when inventory is already near record lows, reports the Wall Street Journal.

New Home Sales Declined 5.9% in April, Up 48.3% YOY

New Home Sales Declined 5.9% in April, Up 48.3% YOY

Washington, DC, May 25, 2021-Sales of new single-family houses in April 2021 were at a seasonally adjusted annual rate of 863,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.

Home Prices Rose 13.2% in March, Case-Shiller

Home Prices Rose 13.2% in March, Case-Shiller

New York, NY, May 25, 2021-The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 13.2% annual gain in March, up from 12.0% in the previous month.

Realtors Cite Limited Housing Inventory as Key Challenge

Realtors Cite Limited Housing Inventory as Key Challenge

Washington, DC, May 24, 2021-Realtors cited a lack of inventory as the leading reason limiting potential clients from completing a transaction, according to the National Association of Realtors' 2021 Member Profile, an annual report analyzing members' business activity and demographics from the prior year.

Multifamily Confidence Rose 8 Points to 51 in Q1

Multifamily Confidence Rose 8 Points to 51 in Q1

Washington, DC, May 21, 2021-Confidence in the new multifamily housing market increased in the first quarter of 2021, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB).