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New Home Sales Solid in July, as June Numbers Strongly Revised Upward

Sales of newly built, single-family homes fell 12.8% to a seasonally adjusted annual rate of 635,000 units in July off a strongly revised upward reading in June, according to recently-released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. On a year-to-date basis, new home sales for 2019 are 4.1% higher than the same period in 2018. Read More

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Apartment/Condo market bounces back in Q2

"Overall, builders and developers are reporting increased confidence in the multifamily housing market," said Gary Campbell, CEO of Gilbert G. Campbell Real Estate in Lowell, Mass., and chairman of NAHB's Multifamily Council. "However, they still have to deal with the high cost of land, labor and regulation, which could impact future production." Read More

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July new home sales solid, June numbers increase

Sales of newly built, single-family homes fell 12.8 percent to a seasonally adjusted annual rate of 635,000 units in July off a strongly revised upward reading in June, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. On a year-to-date basis, new home sales for 2019 are 4.1 percent higher than the same period in 2018. Read More

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Builder confidence trends higher

"Even as builders report a firm demand for single-family homes, they continue to struggle with rising construction costs stemming from excessive regulations, a chronic shortage of workers and a lack of buildable lots," said NAHB chairman Greg Ugalde, a home builder and developer from Torrington, Conn.   Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Stone Statistics

Flooring Market to Reach Around $450 Billion by 2026

Flooring Market to Reach Around $450 Billion by 2026 August 14, 2019 from Floor Covering Weekly Albany, N.Y. — The global flooring market is predicted… Read More

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Suppliers increase domestic manufacturing

Suppliers increase domestic manufacturing Wednesday, August 7, 2019 By Sharyn Bernard from Floor Covering Weekly Flooring suppliers are increasingly bullish about U.S. manufacturing and have been substantially… Read More

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Economy hums along

“The U.S. economy is likely to wake up to some uncomfortable facts,” pointing to the ongoing threat of tariffs — which they call taxes and said they will absolutely slow growth. They also reported that the low interest rates have another effect — “exotic corporate debt instruments. One thing we learned from the last financial crisis is that ‘exotic instruments’ and financial markets are not ideas that coexist together peacefully.” Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Stone Statistics

Tile stats 2018: Climbing & Competing

Tuesday, July 30, 2019 By Ryane DeFalco from Floor Covering Weekly Ceramic and porcelain floor and wall tile saw solid growth in 2018. In… Read More

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New home sales rebound in June, concerns persist

Sales of newly built, single-family homes increased 7 percent to a seasonally adjusted annual rate of 646,000 units in June from a downwardly revised reading in May, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. On a year-to-date basis, new home sales for 2019 are 2.2 percent higher than the same period in 2018. Read More