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Washington, DC, February 25, 2021—In the week ending February 20, the advance figure for seasonally adjusted initial claims was 730,000, a decrease of 111,000 from the previous week's revised level, according to the Department of Labor.
Mooresville, NC, February 24, 2021—Lowe’s Companies reported sales for Q4 2020 of $20.3 billion, a 27% increase compared to sales of $16.0 billion in Q4 2019.
Washington, DC, February 24, 2021-Sales of new single-family houses in January 2021 were at a seasonally adjusted annual rate of 923,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.
Washington, DC, February 24, 2021—The American Institute of Architects’ (AIA) Architecture Billings Index (ABI) score for January was 44.9* compared to 42.3 in December (any score below 50 indicates a decline in firm billings).
Washington, DC, February 24, 2021—The Covid-19 pandemic greatly impacted the first-time homebuyer’s path, moving them into a higher-priced rank of homes, reports Forbes.
Washington, DC, February 24, 2021—Mortgage applications decreased 11.4% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending February 19, 2021.
Atlanta, GA, February 23, 2021—The Home Depot reported Q4 2020 sales of $32.3 billion, an increase of 25.1% from Q4 2019.
New York, NY, February 23, 2021-Home prices made a 10.4% annual gain in December, up from 9.5% in the previous month, the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported.
Atlanta, GA, February 23, 2021—Interface will increase prices 5% to 7% in its North American and Latin American portfolios.
New York, NY, February 23, 2021—U.S. manufacturers aced the shutdown of their factories and warehouses last spring in response to Covid-19, reports the Wall Street Journal. “They’re botching the recovery.