Today's Flooring News

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Housing Starts Rose 3.3% in November, a 12.9% YOY Increase

Housing Starts Rose 3.3% in November, a 12.9% YOY Increase

Washington, DC, December 19, 2017— Privately-owned housing starts in November were at a seasonally adjusted annual rate of 1,297,000, 3.3% above the revised October estimate of 1,256,000 and 12.9% above the November 2016 rate of 1,149,000, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced.

Homebuilder Confidence Reaches 18-Year High

Homebuilder Confidence Reaches 18-Year High

Washington, DC, December 18, 2017—Builder confidence in the market for newly-built single-family homes increased five points to a level of 74 in December on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) after a downwardly revised November reading.