Carpetright Reports Stronger Fourth Quarter Sales
London, England, April 25, 2013 -- Floorcovering firm Carpetright said like-for-like sales rose 5.6% in its fourth quarter despite strong competition and cold weather.
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.
Architecture Billings Index Shows Slower Growth
Washington, DC, April 24, 2013 -- The American Institute of Architects' Architecture Billings Index continued to show growth although the reading declined to 51.9 in March from a February reading of 54.9.
Lumber Liquidators Nearly Doubles 1Q Income
Toano, VA, April 24, 2013 -- Lumber Liquidators reported that its first-quarter net income almost doubled.
Metroflor Wins Pair of ADEX Awards
Norwalk, CT, April 24 -- Resilient flooring maker Metroflor said it received two 2013 Awards for Design Excellence for its luxury vinyl tile flooring.
Mortgage Application Volume Little Changed
Washington, DC, April 24, 2013 -- Mortgage application volume edged up last week from the prior week as mortgage rates declined, according to the Mortgage Bankers Association.
China Ceramics' Income, Revenue Plunge
Jinjiang, China, April 24, 2013 -- China Ceramics Co. reported fourth quarter net income of $ 2.3 million, down 85.6% from the fourth quarter of 2011.
Durable Goods Orders Fall Most in Seven Months
Washington, DC, April 24, 2013 -- Durable goods orders fell by the most in seven months in March, according to the Commerce Department.
Home Prices Continue Upward Trend
Washington, DC, April 23, 2013 -- Home prices in the U.S. rose 0.7% on a seasonally adjusted basis in February, the Federal Housing Finance Agency said.
New Home Sales Have Best Quarter Since 2008
Washington, DC, April 23, 2013 -- New-home sales rose in March, marking the best quarter for the industry since 2008, according to the Commerce Department.
NAHB Seeks More Guest Workers in Reform Bill
Washington, DC, April 23, 2013 -- The National Association of Home Builders is lobbying lawmakers to improve the guest worker provisions in proposed immigration reform to address labor shortages in the industry.