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.
Atlanta, GA, May 21, 2026-Diverzify has announced a $240 million recapitalization and strategic investment led by affiliates of Paceline Equity Partners, a Dallas-based private equity manager, to expand specialized capabilities for its customers, elevate its operational consistency and invest heavily in its best-in-class team of industry experts.
Washington, DC, May 21, 2026-Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1,465,000, 2.8% below the revised March estimate of 1,507,000 but 4.6% above the April 2025 rate of 1,400,000.
Boston, MA, May 21, 2026—Total construction starts rose 9.0% in April to a seasonally adjusted annual rate of $1.33 trillion, according to Dodge Construction Network.
Dalton, GA, May 21, 2026 —Taylor Adhesives, a wholly owned Avery Dennison subsidiary, announced that Gary Onate has been appointed sales director, distribution.
Mooresville, NC, May 20, 2026—Lowe’s reported total sales for Q1 2026 were $23.1 billion, a 11% increase compared to sales of $20.9 billion in the prior-year quarter.
Washington, DC, May 20, 2026—The AIA/Deltek Architecture Billings Index (ABI) fell from 49.8 in March, when billings were essentially flat, to 48.3 in April, signaling that more firms reported declining billings than rising billings.
Greensboro, NC, May 20, 2026—“Global container spot rates rose sharply this week as carriers implemented new surcharges tied to the war involving Iran and ongoing disruption around the Strait of Hormuz, according to the latest update from supply chain analytics firm Drewry,” reported by Furniture Today.
Washington, DC, May 20, 2026—Households today can access about one-quarter fewer homes than they could in a balanced market, according to a new joint report from the National Association of Realtors and Realtor.com.
Washington, DC, May 20, 2026— Mortgage applications decreased 2.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 15.
Seattle, WA, May 20, 2026—More than one-third (35.4%) of U.S. home sellers cut their asking price in April, reports Redfin. That’s down slightly from 35.6% a month earlier on a seasonally adjusted basis, and down from a record high of 36.6% in August.