Sales of New Homes Higher Than Expected in June
Washington, DC, July 25, 2008--New home sales fell 0.6 percent in June, the Commerce Department estimated Friday.
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.
Foreclosures, Repossessions Continue To Rise
Irvine, CA, July 25, 2008--Roughly 220,000 homes were lost to bank repossessions in the second quarter, according to a housing market report Friday issued by RealtyTrac.
Momeni Building New Showroom at Rug Market
Atlanta, GA, July 25, 2008--Momeni Inc. is starting construction on a new 13,500 square foot showroom this month at AmericasMart, marking it as the largest single showroom in the Area Rug product center.
KB Homes Says It Will Become Greener Next Year
Los Angeles, CA, July 25, 2008--KB Home on Thursday promised to build all new homes starting in 2009 using paint and carpet low in volatile organic compounds that can cause health problems.
Universal Fibers Puts Its Green Story on YouTube
Bristol, VA, July 24, 2008--Universal Fibers is using YouTube to promote its green story.
Flooring America, Canada Expand Training Options
Manchester, NH, July 21, 2008—Flooring America and Flooring Canada members will soon have new training options.
Tarkett Residential Gets New NA President
Chagrin Falls, OH, July 2008--Tarkett North America has appointed Bill Cralley North America residential president and Guillaume Laverdure as president of Canadian operations and business development.
Signature Fencing and Flooring Buys American Turf
New York, NY, July 25, 2008 -- American Turf and Carpet, a specialist in event turf and carpet to the tent rental and events industry, was acquired by Signature Fencing and Flooring.
Builder Pulte Narrows Second Quarter Loss
Bloomfield Hills, MI, July 24, 2008--Pulte Homes Inc. said Wednesday its second-quarter loss narrowed from a year ago as the home builder booked fewer charges on land and unsold inventory despite a worsening housing market.
AIA Billings Index Still Shows Likely Contraction
Washington, D.C., July 23, 2008 — The Architecture Billings Index, an indicator of future commercial building activity, rebounded almost three points in June, after dropping two points the previous month.