Articles

The global industrial flooring market is expected to grow from $6.26 billion in 2021 to $6.91 billion in 2022 at a compound annual growth rate (CAGR) of 10.3%. The industrial flooring market is expected to grow to $9.08 billion in 2026 at a CAGR of 7.1%. Read More

Consumers now automatically assume their floors will be waterproof, given the constant upgrades in quality and technological innovations in the industry. With the expectation that this flooring will be durable and remain intact under any spill or splash, it’s imperative that RSAs specify the true promise of waterproof-branded products and what is warrantied. Read More

The prospects for continued high levels of multifamily development declined significantly in the third quarter, as did the prospects for continued high occupancy rates, according to results from the Multifamily Market Survey (MMS) released by NAHB. Read More

Total existing-home sales decreased 5.9% from September to a seasonally adjusted annual rate of 4.43 million in October, according to the National Association of Realtors. Read More

Elevated mortgage rates, high construction costs for concrete and other building materials and weakening demand stemming from deteriorating affordability conditions continue to act as a drag on single-family housing production. Read More

The prospects for continued high levels of multifamily development declined significantly in the third quarter, as did the prospects for continued high occupancy rates, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB). Read More

There now are strong indications that inflation is finally easing. And lumber is again setting the trend, with prices down a third from their mid-year 2021 high. Prices of commodities like lumber are often quite volatile, meaning that they can rise rapidly and fall equally quickly. Read More

Elevated interest rates, stubbornly high building material costs and declining affordability conditions that are pushing more buyers to the sidelines continue to drag down builder sentiment. Read More

Tile is a “forever” surface: It’s versatile, functional and durable. It performs in style, variety, trend and price point — both in residential and commercial spaces. “Tile is the most durable flooring available on the market today,” said Paulo Pereira, senior merchant for MSI. “It’s the one product that doesn’t even come with a ‘wear warranty’ as it simply doesn’t need one.” Read More

dvance estimates of U.S. retail and food services sales for October 2022 were $694.5 billion, up 1.3% from the previous month, and 8.3% above October 2021, the U.S. Census Bureau announced. Read More