New Home Sales Dip but Prices Surge Higher
Washington, DC, Sept. 26, 2012 -- Sales of new single-family homes fell slightly in August to a 373,000 annual pace, the Commerce Department said.
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.
Invista Rolling Out Value Stainmaster Line
Kennesaw, GA, Sept. 25, 2012 -- Invista is rolling out a new Stainmaster Essentials line consisting of lower cost polyester and nylon products.
Omnova Solutions Income Up on Sales Decline
Fairlawn, OH, Sept. 26, 2012 -- Omnova Solutions reported net income for the third quarter of $6.4 million, or $0.14 per diluted share.
NWFA Has Room for Exhibitors at Domotex
St. Louis, MO, Sept. 26, 2012 -- The National Wood Flooring Association said it will continue to have its presence at Domotex Hannover in January.
Tandus Products Win IIDEX Canada Gold Awards
Toronto, Ontario, Canada, Sept. 25, 2012 -- Tandus Flooring’s NeedleTech Collection won a Gold award at this year’s IIDEX Canada and was the only winner in the broadloom category.
Mortgage Applications Rise on Lower Rates
Washington, DC, Sept. 26, 2012 -- Mortgage application volume rose last week as interest rates dropped to record lows, according to the Mortgage Bankers Association.
Topps Tiles Says Will Meet Analysts' Estimates
London, England, Sept. 26, 2012 -- Topps Tiles expects pre-tax profit will hit analysts’ estimates, while full-year sales are likely to fall by 1%, according to Retail Week.
Teragren Begins Online Training for Retailers
Bainbridge Island, WA, Sept. 25, 2012 -- Bamboo firm Teragren said it has launched a web-based training program for retailers.
Earthwerks Featured on Mega Dens Show
Houston, TX, Sept. 26, 2012 -- EarthWerks Luxury Vinyl Plank and Tile is is being featured on the DIY Network show Mega Dens.
Home Prices Rise Again in July
Washington, DC, Sept. 25, 2012 -- U.S. home prices rose in July for the fourth straight month to reach their highest level in nearly two years, according to the S&P/Case-Shiller 20-city composite index.