Annual Home Prices Increase Most Since 2006
New York, NY, Jan. 29, 2013 -- Single-family home prices rose in November and year-over-year prices were up the most since 2006, according to the S&P/Case Shiller composite index.
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 Falls in January
Washington, DC, Jan. 29, 2013 -- Consumer confidence in January fell more than forecast, according to the Conference Board.
Builder Horton Says Profit More Than Doubled
Fort Worth, TX, Jan. 29, 2013 -- Home builder D.R. Horton said its quarterly profit more than doubled amid higher closings and orders.
Fitch Rates Proposed Mohawk Offering at BBB
New York, NY, Jan. 29, 2013 -- Fitch Ratings has assigned a 'BBB-' rating to Mohawk Industries' proposed offering of senior unsecured notes due 2023.
Ann Sacks Names Chappell President
Portland, OR, Jan. 29, 2013 -- Ann Sacks, a manufacturer and distributor of tile and stone, has named Ted Chappell as president – Ann Sacks.
Välinge Unveils New Digital Printing Technology
Viken, Sweden, Jan. 29, 2012 -- Välinge said it has developed a new digital printing technology that combines the advantages of the ink jet non-contact method with the advantages of dry pigment application used in laser printing.
New Carpet Standards Available for Review
Vancouver, WA, Jan. 28, 2013 -– IICRC said that the new standards for carpet installation and inspection are available for public review and comment.
Pending Home Sales Drop on Low Inventory
Washington, DC, Jan. 28, 2013 -- Pending home sales fell 4.3% in December, according to the National Association of Realtors.
Mohawk To Acquire Belgian Panel Manufacturer
Calhoun, GA, Jan. 28, 2013 -- Mohawk Industries said it will purchase Spano Invest NV, a Belgian panel board manufacturer, for $168 million in cash.
Couristan Promotes Codella to VP of Sales
Fort Lee, NJ, Jan. 28, 2013 -- Broadloom and rug firm Couristan said it has promoted Steve Codella to executive vice president of sales.