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.
Los Angeles, CA, June 19, 2015 -- Homebuilder KB Home reported second quarter net income totaled $9.6 million, or $.10 per share, compared to $26.6 million, or $.27 per diluted share, for the second quarter of 2014.
Washington, DC, June 19, 2015 -- Annual rent increases are running well ahead of general inflation trends, according to the Labor Department.
Washington, DC, June 19, 2015 -- The Chinese are now the top foreign buyers of U.S. homes, according to a survey by the National Association of Realtors.
Boston, MA, June 18, 2015—JMH Capital has acquired Parterre Flooring Systems. The acquisition was made in partnership with Parterre president T. Fred Roche, who will continue running the company.
Washington, DC, June 18, 2015—The U.S. current-account deficit increased to $113.3 billion in the first quarter of 2015 from $103.1 billion in the fourth quarter of 2014, according to Department of Commerce.
Washington, DC, June 18, 2015—The Consumer Price Index for All Urban Consumers increased 0.4% in May on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reports.
New York, NY, June 18, 2015—The Bloomberg Consumer Comfort Index increased to 40.9 in the period ended June 14 from 40.1 the prior week.
Irvine, CA, June 18, 2015—Foreclosure filings were reported on 126,868 U.S. properties in May 2015, up 1% from the previous month and up 16% from a year ago to a 19-month high, according to RealtyTrac’s U.S. Foreclosure Market Report.
Stoughton, MA, June 18, 2015––PURline botanol flooring, from Mats Inc. and Windmöller Flooring Products GmbH, has received the 2015 Green Good Design Award.
Florence, AL, June 18, 2015—HPS Schönox has announced the judges for its second annual Schönox Worst Subfloor in North America Contest.