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.

Harlan Stone Testifies Against Chinese Tariffs on Behalf of ACWJC

Harlan Stone Testifies Against Chinese Tariffs on Behalf of ACWJC

Norwalk, CT, August 24, 2018-The American Consumers & Workers Justice Coalition took its fight against proposed tariffs on Chinese LVT imports to Washington, D.C. this week by testifying before the Office of the United States Trade Representative 301 Tariff hearings in the International Trade Commission hearing rooms.

Multifamily Market Builder Confidence Dipped in Q2

Multifamily Market Builder Confidence Dipped in Q2

Washington, DC, August 24, 2018—Confidence in the multifamily housing market edged down in the second quarter of 2018, according to the Multifamily Production Index (MPI) released by the National Association of Home Builders (NAHB). The MPI dipped two points to 51 compared to the previous quarter.

Consumer Cost on Tariffed Washing Machines Up Double Digits

Consumer Cost on Tariffed Washing Machines Up Double Digits

New York, NY, August 24, 2017—Washing machines were one of the first categories tariffed in January, under President Trump’s direction, and the category has seen a 17% rise in consumer cost in the months since the tariffs were imposed, reports The Wall Street Journal.

BuildDirect Announces Updates to Pro Credit Plan

BuildDirect Announces Updates to Pro Credit Plan

Vancouver, BC, August 24, 2018—BuildDirect, the marketplace for purchasing and selling quality home improvement materials online, has announced its Pro Credit update, an instant credit benefit as a part of the BuildDirect Pro Rewards Program.

Eagle Bay Purchases LL Finishing Lines, Will Produce Bellawood

Eagle Bay Purchases LL Finishing Lines, Will Produce Bellawood

Boonville, NY, August 23, 2018-On July 26th, Delta Hardwood Flooring-an upstate New York-based producer of high-quality hardwood products and marketer of its new brand, Eagle Bay Hardwood Flooring-purchased the finishing lines and related equipment from Lumber Liquidators.

Home Prices Rose 1.1% in Q2, Says FHFA

Home Prices Rose 1.1% in Q2, Says FHFA

Washington, DC, August 23, 2018—U.S. house prices rose 1.1% in the second quarter of 2018, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI).

July New Home Sales Up 12.8% YOY

July New Home Sales Up 12.8% YOY

Washington, DC, August 23, 2018-Sales of new single-family houses in July 2018 were at a seasonally adjusted annual rate of 627,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.