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Jan 27, 2020  /  The Right News Right When It Happens
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December New Home Sales Down From Nov., But Up 23.0% YOY
Washington, DC, January 27, 2020—Sales of new single-family houses in December 2019 were at a seasonally adjusted annual rate of 694,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 0.4% below the revised November rate of 697,000 but 23.0% above the December 2018 estimate of 564,000.
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Today's Flooring News
CFL Signs Patent Representation Contracts with I4F, Unilin & Välinge
Jiaxing, CH, January 27, 2020—CFL has received a series of important patents in 2019 related to flooring on the basis of Mgo (magnesium) core with a locking as well as other composition patent on certain multilayered flooring.
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D.R. Horton Q1 Income Up 50% YOY
Arlington, TX, January 27, 2020—D.R. Horton reported that net income for Q1 2020 increased 50% compared to Q1 2019.
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Los Angeles Has Largest Hotel Construction Pipeline in U.S.
Portsmouth, NH, January 27, 2020—Los Angeles, California has a total of 168 projects/28,501 rooms in the construction pipeline, the largest pipeline of any market in the U.S., according to the Lodging Econometrics (LE) Construction Pipeline Trend report.
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