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.

October's New Home Sales Inched Up from Sept., but Rose 31.6% YOY

October's New Home Sales Inched Up from Sept., but Rose 31.6% YOY

Washington, DC, November 26, 2019—Sales of new single-family houses in October 2019 were at a seasonally adjusted annual rate of 733,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, a 0.7% below the revised September rate of 738,000, but is 31.6% above the October 2018 estimate of 557,000.

Home Prices Rose 3.2% YOY in September, Says Case-Shiller

Home Prices Rose 3.2% YOY in September, Says Case-Shiller

New York, NY, November 26, 2019—Home prices made a 3.2% annual gain in September, up from 3.1% 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.

Iobac & Scanalytics Form Strategic Alliance

Iobac & Scanalytics Form Strategic Alliance

Gloucestershire, UK, November 25, 2019-- Scanalytics and Iobac are pleased to announce the formation of a strategic alliance intended to accelerate the synergy between their complementary technologies for the sensored flooring market.

Beasley to Purchase Mohawk's Arkansas Manufacturing Operations

Beasley to Purchase Mohawk's Arkansas Manufacturing Operations

Hazlehurst, GA, November 25, 2019-Beasley Flooring Products and Mohawk Industries have entered into a letter of intent pursuant to which Beasley Flooring will purchase the Melbourne, Arkansas flooring manufacturing operations of Mohawk Industries subject to customary terms and conditions.

Consumer Sentiment Rises 1.4% in November

Consumer Sentiment Rises 1.4% in November

Ann Arbor, MI, November 22, 2019—Consumer sentiment rose 1.4% to 96.8 in November, from October’s 95.5 rate, according to final results from the University of Michigan’s Survey of Consumers.

Multifamily Market Confidence Weakened Slightly in Q3

Multifamily Market Confidence Weakened Slightly in Q3

Washington, DC, November 22, 2019-Confidence in the market for new multifamily housing weakened slightly in Q3, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB).

Domotex USA to Partner with NARI Atlanta

Domotex USA to Partner with NARI Atlanta

Chicago, IL, November 22, 2019-Hannover Fairs USA (HFUSA), the organizer of Domotex USA, has announced that for the second year in a row the National Association of the Remodeling Industry Atlanta Chapter (NARI Atlanta) has entered into a partnership with HFUSA for the Domotex USA trade show.