Today's Flooring News

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Housing Affordability Posted Gain in Q1

Housing Affordability Posted Gain in Q1

Washington, DC, May 13, 2016—Spurred by a modest reduction in mortgage interest rates and favorable home prices, nationwide housing affordability in the Q1 2016 posted a slight increase, according to the NAHB/Wells Fargo Housing Opportunity Index.

Distributive Trade Sales Up 0.3% in March

Distributive Trade Sales Up 0.3% in March

Washington, DC, May 13, 2016— The combined value of distributive trade sales and manufacturers’ shipments for March was estimated at $1,289.2 billion, up 0.3% from February 2016 but down 1.7% from March 2015, according to the U.S. Census Bureau.