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Nov 22, 2021 / The Right News Right When It Happens

Top Story

Domotex Germany Cancelled for January, May be Rescheduled Later in 2022

Hanover, DE, November 22, 2021—Domotex will not take place in January 2022, according to Deutsche Messe AG, organizer of the show.

Today's Flooring News

BuildDirect Acquires Superb Flooring & Design

Vancouver, BC, November 22, 2021-BuildDirect.com Technologies Inc. has acquired Michigan-based full-service flooring retailer Superb Flooring & Design for a total purchase price of $10 million.

Existing-Home Sales Rose 0.8% in September

Washington, DC, November 22, 2021—Total existing-home sales rose 0.8% from September to a seasonally adjusted annual rate of 6.34 million in October, according to the National Association of Realtors. Sales fell 5.8% from a year ago (6.73 million in October 2020).

Only 16 States & DC Have Added Construction Jobs During Pandemic

Washington, DC, November 22, 2021—Only 16 states and the District of Columbia have added construction jobs since just before the start of the pandemic in February 2020, according to a new analysis of federal employment data by the Associated General Contractors of America.

Amid Housing Shortage, Manufactured Housing Sees an Opportunity

New York, NY, November 22, 2021—"Housing lenders, developers and advocates think they have found a winning formula by building homes in factories that look like site-built homes but cost less. More developments like the one in Seguin [Texas] could help alleviate America’s housing-affordability crisis, they say,” reports the Wall Street Journal.