Existing Homes Sales Dip 1.2%
Washington, DC, July 22, 2013—Existing home sales declined in June 1.2% to an annualized rate of 5.08 million units. Lack of inventory and rising interest rates are a key factor.
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.
Worldwide Laminate Sales Flat According to EPLF
Bielefeld, Germany, July 22, 2013—The European Producers of Laminate Flooring (EPLF) said worldwide first quarter 2013 sales of laminate flooring were flat compared to the first quarter of 2012.
Zillow Releases Top Ten Rental Markets
Seattle, WA, July 22, 2013—Zillow's latest analysis, the top ten markets where renters can get the most for their money.
Metroflor Gives $2500 to Facebook Winner
Norwalk, CT, July 22, 2013—Metroflor is giving a $2500 discount toward the purchase of an Engage LVT floor to Annie McWilliams of Hayworth, IL. McWilliams is one of over 50 people who entered the contest by creating their own Pinterest Pinboard.
Architecture Billings Index Up Sharply in May
Washington, DC, July 19, 2013 -- The Architecture Billings Index bounced back into positive territory in May, according to the American Institute of Architects.
Sherwin-Williams Income, Sales Rise
Cleveland, OH, July 19, 2013 -- Sherwin-Williams reported second quarter profit of $257.3 million, or $2.46 per share, up 13% from $227.8 million, or $2.17 per share, in the year-ago period.
Mortgage Rates Edge Back Down
Washington, DC, July 19, 2013 -- The average rate for the 30-year mortgage has fallen from its two-year high of 4.51% to 4.37% this week.
Georgia Unemployment Rate Rises
Atlanta, GA, July 19, 2013 -- Georgia's unemployment rate rose to 8.6% in June, state labor officials said.
Leading Economic Indicators Unchanged in June
Washington, DC, July 18, 2013 -- The Conference Board said that its index of leading economic indicators was unchanged for June.
Corporate Floors Acquires Simply Floor It
Grapevine, TX, July 18, 2013 -- Corporate Floors said it has acquired the commercial assets and talent of Dallas-based Simply Floor It and has hired William R. Henry.