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Aug 24, 2021 / The Right News Right When It Happens

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New Home Sales Rose 1% in July

Washington, DC, August 24, 2021—Sales of new single-family houses in July 2021 were at a seasonally adjusted annual rate of 708,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 1.0% above the revised June rate of 701,000 but 27.2% below the July 2020 estimate of 972,000.

Today's Flooring News

Teknoflor Partners with Kasigau Corridor Redd Project

Milwaukee, WI, August 24, 2021-This year, Teknoflor is partnering with The Kasigau Corridor Redd Project to support its mission to stop deforestation and help keep forests intact.

Existing-Home Inventory Up but Still Below Demand

Washington, DC, August 24, 2021-The U.S. housing market remained strong in July, with sales of previously owned homes rising at a faster pace than the prior month as high prices prompted owners to put more properties on the market, reports the Wall Street Journal.

Compensation for A&D Staff Held Steady in Pandemic, says AIA

Washington, DC, August 24, 2021-Despite a steep economic recession during the first half of 2020, compensation for architectural staff at U.S. architecture firms essentially held flat over the 2019–2021 period, according to the American Institute of Architects (AIA) biannual Compensation Report.