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.

New Home Sales Rose 20% YOY in May

New Home Sales Rose 20% YOY in May

Washington, DC, June 27, 2023—Sales of new single-family houses in May 2023 were at a seasonally adjusted annual rate of 763,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 12.2% above the revised April rate of 680,000 and 20.0% above the May 2022 estimate of 636,000.

Home Prices Declined 0.2% in April, Says Case-Shiller

Home Prices Declined 0.2% in April, Says Case-Shiller

New York, NY, June 27, 2023-Home prices declined -0.2% annually in April, down from a gain of 0.7% in the previous month, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions.

Mannington Renews Partnership with Mercy Medical Angels

Mannington Renews Partnership with Mercy Medical Angels

Calhoun, GA, June 27, 2023-Mannington Commercial, a manufacturer of commercial flooring products crafted with purpose, announced its renewed partnership with Mercy Medical Angels, the nation’s largest provider of charitable long-distance transportation to medical care for those in financial need.

Durable Goods Orders Rose 1.7% in May

Durable Goods Orders Rose 1.7% in May

Washington, DC, June 27, 2023—New orders for manufactured durable goods in May, up three consecutive months, increased $4.9 billion or 1.7% to $288.2 billion, the U.S. Census Bureau announced.

LL Flooring Rejects Proposal from Cabinets To Go

LL Flooring Rejects Proposal from Cabinets To Go

Richmond, VA, June 26, 2023-LL Flooring Holdings announced that its board of directors has unanimously rejected an unsolicited, non-binding proposal from Cabinets To Go, a subsidiary of F9 Brands, to acquire all of LL Flooring’s outstanding shares for $5.76 per share in cash.