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Remodeling 2018: Keep your eye on fly-over metros

An increasing number of coastal metros that traditionally have been the hot home improvement markets may be maxing out in terms of growth. Growing housing affordability concerns for owners is limiting their ability to afford upper-end home improvement projects. Read More

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Single-family boosts housing production in 2017

Single-family boosts housing production in 2017 Thursday, January 18, 2018 from Floor Covering Weekly [Washington] Nationwide housing starts fell 8.2 percent in December to a seasonally adjusted… Read More

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Remodeling market indicators hit high in Q4

"A booming stock market and low unemployment continue to fuel consumers' investment in their homes," said NAHB Remodelers chair Joanne Theunissen, CGP, CGR, a remodeler from Mt. Pleasant, Mich. "Natural disaster-related repairs also caused strong demand for maintenance and repair projects." Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics

Tile & stone await opportunity in the new year 2018

“We expect the tile market to grow by 6 percent in 2018,” revealed Raj Shah, president, MSI, adding that the continued increase in U.S. residential tile sales is driven by the consumer demand for higher-end products with a greater breadth of visuals and formats. Read More

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Multifamily housing production update 2018 through 2019

Although multifamily housing starts are expected to slightly moderate this year and in 2019, production levels are projected to remain stable in a range considered normal, according to experts participating in a press conference today during the National Association of Home Builders (NAHB) International Builders' Show in Orlando, Fla. Read More

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Will tax reform sink the housing recovery?

Tuesday, January 02, 2018 from Floor Covering Weekly By Kermit Baker Without a doubt, the 2017 Tax Cuts and Jobs Act (tax bill) will dramatically transform… Read More

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2017 USA and Ceramic Tile Industry Statistics and Economic Indicators

Economic Indicators, December 2017 by Joseph Lundgren reported in CTDA This Week, Tuesday, January 02, 2018 Click on the following link for a pdf version of… Read More

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Housing starts sharply rise in October 2017

Nationwide housing starts rose 13.7 percent in October to a seasonally adjusted annual rate of 1.29 million units after a slight upward revision to the September reading, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. This is the highest housing production reading since October 2016, when total starts hit a post-recession high of 1.33 million.  Read More

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Slowing sales reflect sluggish housing market in Q3

U.S. manufacturer floor coverings sales are slowing in the second half of 2016 after increasing at relatively strong rates in the first half. The slowdown reflects weakening gains in builder purchases as housing starts level off. Residential replacement sales also remain sluggish despite increases in personal income. Read More

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When will the music stop for building construction?

As reported in Issue: FCW Global August 2016, Posted Date: 8/12/2016; Author: economist Kermit Baker: Last year, spending on nonresidential building in the U.S. increased by more… Read More