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.
Washington, DC, February 21, 2025—Total existing-home sales descended 4.9% from December to a seasonally adjusted annual rate of 4.08 million in January according to the National Association of Realtors. Year-over-year, sales improved 2.0% (up from 4 million in January 2024).
Ann Arbor, MI, February 21, 2025—Consumer sentiment declined 9.8% in February to 64.7, according to final results from the University of Michigan Survey of Consumers.
Malmo, Sweden, February 21, 2025—Kährs reported Q4 sales of amounted to $51.24 million, which was a decrease of -11% from the prior year’s $57.54 million.
Washington, DC, February 21, 2025—In a clear sign illustrating the housing affordability challenges facing Americans, the National Association of Home Builders (NAHB)/Wells Fargo Cost of Housing Index (CHI) found that in Q4 2024, a family earning the nation’s median income of $97,800 needed 38% of its income to cover the mortgage payment on a median-priced new home.
Orlando, FL, February 21, 2025—Coverings, North America’s largest global showcase of ceramic tile and natural stone, has revealed the must-see annual tile trends in commemoration of National Tile Day, February 23.
Dalton, GA, February 20, 2025––The World Floor Covering Association (WFCA) has announced the induction of two leaders into its 2024 Hall of Fame: Ray C. Anderson (posthumously), founder of Interface, and Charlie Dilks, chief product officer of CCA Global Partners.
Chicago, IL, February 20, 2025-The 2024 winners of Good Design Awards have been named.
Dalton, GA, February 20, 2025—On February 18, industry leaders, educators, and community members gathered at Carpet Guys Headquarters in Troy for a landmark celebration—the official ribbon cutting and grand opening of the TCG Installer Training Center, Michigan’s first dedicated flooring training school.
Tokyo, Japan, February 20, 2025—Toray Industries has announced a breakthrough in recycling nylon 66.
Dallas, TX, February 20, 2025-Daltile’s new Panoramic Elestial has been selected as one of the products invited to participate in the tenth anniversary “DesignBites” competition at the upcoming Kitchen & Bath Industry Show (KBIS).