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Sep 26, 2019 / The Right News Right When It Happens

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New Home Sales Rose 7.1% in August, Up 18% YOY

Washington, DC, September 26, 2019-Sales of new single-family houses in August 2019 were at a seasonally adjusted annual rate of 713,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 7.1% above the revised July rate of 666,000 and is 18.0% above the August 2018 estimate of 604,000.

Today's Flooring News

Pending Home Sales Up 1.6% in August

Washington, DC, September 26, 2019—The Pending Home Sales Index climbed 1.6% to 107.3 in August, reversing the prior month’s decrease, according to the National Association of Realtors.

Q2 GDP Remains Steady at 2.0% in Third Estimate

Washington, DC, September 26, 2019-Real gross domestic product (GDP) increased at an annual rate of 2.0% in Q2, according to the third estimate released by the Bureau of Economic Analysis.

Omar Shukri Receives FCICA Cert. Installation Manager Scholarship

West Bloomfield, MI, September 26, 2019—FCICA, the Flooring Contractors Association in cooperation with ARDEX Americas, is pleased to announce the next recipient of the Bruce Newbrough Memorial Certified Installation Manager Program (CIM) Scholarship: Omar Shukri.

Mohawk Golf Tournament Raises $107K for Habitat for Humanity

Calhoun, GA, September 26, 2019—For the past six years, Mohawk Industries has partnered with Habitat for Humanity of Gordon County to host a golf tournament that raises money through entry fees, sponsorships, donations and Mohawk’s corporate gift to help the local chapter create safe and comfortable housing options.