Sales of New Homes Highest in Almost Five Years
Washington, DC, June 25, 2013 -- Sales of new homes rose to the highest level in nearly five years in May, according to the Commerce Department.
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.
Consumer Confidence Surges in June
New York, NY, June 25, 2013 -- The Conference Board said consumer confidence in June rose to 81.4 from 74.3 in May, marking the best level since January 2008.
QEP UK Acquires Plasplugs Business
Boca Raton, FL, June 25, 2013 -- Q.E.P. Co. said that its wholly-owned UK subsidiary has completed the purchase of the Plasplugs trade name and other assets of the Plasplugs business.
Omnova Solutions Restructures Business Segment
Fairlawn, OH, June 25, 2013 -- Omnova Solutions announced a new business group management structure within its Performance Chemicals segment.
UK's Carpetright Sees Losses Grow
London, England, June 25, 2013 -- Flooring retailer Carpetright said profits in its domestic market increased to $16.9 million in the year to April, up from $4.3 million the previous year.
International Real Estate Buyers Still Target U.S.
Washington, DC, June 25, 2013 -- International buyers of homes in the U.S. have declined in the past year, but still represent over six percent of total existing-home sales in value, according to the National Association of Realtors.
Durable Goods Orders Continue To Grow
Washington, DC, June 25, 2013 -- Durable goods orders rose more than expected in May, according to Commerce Department figures.
Website Says Some LL Products Don't Meet CARB
New York, NY, June 24, 2013 -- Online investment website Seeking Alpha is reporting that some products sold by Lumber Liquidators have over three times the maximum legal level for formaldehyde.
Existing Home Sales, Prices, Continue To Rise
Washington, DC, June 24, 2013 -- Existing-home sales in May rose 4.2% to the highest rate since November 2009, according to the National Association of Realtors.
IICRC Opens Voting To Name Newsletter
Vancouver, WA, ?June 24, 2013? -- The Institute of Inspection, Cleaning and Restoration Certification said it has opened voting for its IICRC e-newsletter naming contest.