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.

Existing Home Sales Fall 3% in March

Existing Home Sales Fall 3% in March

Washington, DC, April 23, 2009--Home and condo resales fell 3% in March to a seasonally adjusted annual rate of 4.57 million, with distressed sales now accounting for half of all sales, according to the National Association of Realtors.

Home Prices Rise Early This Year

Washington, DC, April 23, 2009--U.S. home prices rose 0.7 percent on a seasonally-adjusted basis from January to February, according to the Federal Housing Finance Agency’s monthly House Price Index.

Portobello America Changes Sales Infrastructure

Pompano Beach, FL, April 23, 2009--In a major campaign to upgrade stateside services, Portobello America is operating as a factory with representation being handled by its own employees within the U.S.

Two Year Drop in Tile First Since Early 1990s

Anderson, SC, April 23, 2009--After reaching a record level of 3.32 billion square feet in 2006, U.S. tile consumption declined in consecutive years (2007-08) for the first time since 1990-91, according to the Tile Council of America.

J.J. Haines Promotion To Mark Two Milestones

Glen Burnie, MD, April 23, 2009--J.J. Haines, the nation’s largest floor covering distributor, has a six month customer appreciation promotion beginning in May to celebrate two milestones in the company’s history.

Commercial Carpets' Moline Gets LEED AP

Alexandria, VA, April 23, 2009--Commercial Carpets of America said that Chris Moline, residential group manager, has been designated as a LEED Accredited Professional.

AIA Economist Believes Housing Bottom Close

AIA Economist Believes Housing Bottom Close

Washington, DC, April 22, 2009--Kermit Baker, chief economist for the American Institute of Architects (AIA), said the residential construction industry is "approaching the bottom."