Pending Home Sales Surge in May
Washington, DC, June 27, 2012 -- Pending home sales rebounded in May, matching the highest level since April 2010, according to the National Association of Realtors.
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.
Carpetright Profits Plunge, Dividend Suspended
London, England, June 27, 2012 --Flooring retailer Carpetright has suspended its final dividend and posted falling full-year profits.
Gardner Industries To Distribute Earthwerks LVT
New York, NY, June 27, 2012 -- Gardner Industries has been named the exclusive distributor for Earthwerks LVT in the New York and New Jersey metropolitan area.
Mortgage Applications Down on Less Refinancing
Washington, DC, June 27, 2012 -- Mortgage application volume fell last week as refinancing applications declined, according to the Mortgage Bankers Association.
Mullican Sponsors HGTV Urban Oasis Giveaway
Johnson City, TN, June 27, 2012 -- Hardwood flooring maker Mullican Flooring said it is the exclusive hardwood flooring sponsor for the 2012 HGTV Urban Oasis Giveaway.
Durable Goods Orders Higher in May
Washington, DC, June 27, 2012 -- Durable goods orders rose more than expected in May, according to the Commerce Department.
Builder Lennar Reports Higher Profits, Revenues
Miami, FL, June 27, 2012 -- Homebuilder Lennar Corp. reported a second quarter profit of $452.7 million, or $2.06 cents a share, up from year-earlier earnings of $13.8 million, or seven cents a share.
April Home Prices Up Over March
New York, NY, June 26, 2012 -- U.S. home prices rose 1.3% in April from March in both the 10- and 20-city composites, according to the Standard & Poor's Case-Shiller home-price index.
Shaw Breaks Ground on Carpet Tile Plant in China
Nantong, China, June 26, 2012 -- Shaw Industries has broken ground on a 20,000-square-meter carpet tile plant set to open in one year.
Consumer Confidence Dips in June
New York, NY, June 26, 2012 -- Consumer confidence in the U.S. declined in June to a five-month low, according to the Conference Board.