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.

New Home Sales Surged Last Month

New Home Sales Surged Last Month

Washington, DC, March 24, 2015—New home sales rose at the fastest pace in seven years in February, reports the Commerce Department, increasing 7.8% last month to a seasonally adjusted rate of 539,000.

Existing Home Sales Rose in February

Existing Home Sales Rose in February

Washington, DC, March 24, 2015—Existing home sales rose 1.2% in February to a seasonally adjusted annual rate of 4.88 million, the National Association of Realtors reports.

Division 9 Flooring Donates to Mission

Division 9 Flooring Donates to Mission

Woodinville, WA, March 24, 2015—Specialty flooring contractor Division 9 Flooring recently donated 575 square feet of soft surface flooring to Seattle’s Union Gospel Mission.

Homebuilders Expect Sharp Rise in Demand This Spring

Homebuilders Expect Sharp Rise in Demand This Spring

Washington, DC, March 23, 2015—U.S. homebuilders are gearing up for a sharp rise in demand this spring as Americans become more confident about keeping their jobs and are encouraged by easing access to credit, reports Reuters.

Longust To Distribute Novalis

Longust To Distribute Novalis

Toronto, Canada, March 23, 2015—Hard surface distributor Longust Distributing, Inc. is now a distributor for Novalis Innovative Flooring.

Loan Sizes Outpace Home Prices Says MBA

Loan Sizes Outpace Home Prices Says MBA

New York, NY, March 23, 2015— The increase in average loan sizes for purchase mortgage applications has outpaced the recovery in house prices, according to the Mortgage Banker’s Association.