Articles

A majority of single-family homes started in 2023 continued to have two full bathrooms, according to the National Association of Home Builders. Read More

The term “large-format tile”, or LFT as it has become known, is a term that has been circulating through the U.S. tile world for over 20 years. According to the Tile Council of America Handbook 2001, under the header “Bonding Large-Format Tile for Coverage and Support” it states, “Large tiles are generally considered to be 8” x 8” and greater.” Under the “Subsurface Tolerance” header it states, thin-set tolerance to be ¼” in 10’, to conform with the ANSI specifications. However, the words “large-format tile” were not connected to the subfloor requirement. Read More

-Lowe's reported net sales for Q2 2024 were $23.6 billion, a 5.6% decline compared to $25.0 billion in the prior-year quarter. Read More

The Tile Shop reported net sales of $91.4 million for Q2 2024, a 7.3% decline from Q2 2023’s $98.6 million. Comparable store sales declined 6.9%. Read More

Houzz Inc., the leading platform for home remodeling and design, empowering industry professionals and their clients with all-in-one project management and design software, today released the Q3 2024 Houzz U.S. Renovation Barometer. The Barometer found increases in Q2 business activity compared with Q1 among home remodeling and design professionals. This is the fourth consecutive quarter-over-quarter increase for architectural and design pros. Notably, it also marks the first positive shift in the construction sector following two years of decline. Businesses across all sectors remain mildly optimistic about activity in the coming quarter. Read More

Floor and Décor reported net sales of $1.1133 billion for Q2 2024, a decrease of 0.2% from $1.136 billion in Q2 2023. Comparable store sales decreased 9.0%. Read More

Wood’s Post-COVID Decrease Tuesday, July 30, 2024, from Floor Covering Weekly By Angelique Dorcely Category sees a decline after two-year uptick While hardwood… Read More

As the tile market grows within the U.S., the export and import market for tile evolves as well. Catalina Research and the U.S. Department of Commerce reported that in 2023, ceramic and porcelain tile imports value was $2,561 million; its volume in square feet was 1,997 million, down 376 million square feet from 2022. Read More

After maintaining a robust performance in 2022, porcelain and ceramic tile experienced a slight downturn in 2023, mirroring the tumult seen in the real estate market thanks to high interest rates. Catalina Research reported that, in 2023, tile’s estimated sales value was $4.31 billion, a 3.5 percent decrease from 2022. This equals 3.15 billion square feet of product sold in 2023, down roughly 254,00 million square feet from 2022. This difference in value from 2022 is the first decrease tile has posted in five years. Read More

Resilient flooring in total has been the industry growth leader for the past two decades charting a meteoric rise and capturing the second largest piece of the floor covering pie in 2023 — LVT alone accounts for 27.6 percent of manufacturers’ sales. Still, the category has been challenged as market sales values have dropped across categories from 2022 to 2023. Read More