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Apr 20, 2022 / The Right News Right When It Happens

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Architectural Billings Rose from 51.3 in February to 58.0 in March

Washington, DC, April 20, 2022—The Architecture Billings Index (ABI) score for March was 58.0, up from a score of 51.3 in February, according to The American Institute of Architects (AIA). Any score above 50 indicates an increase in billings.

Today's Flooring News

Existing-Home Sales Declined 2.7% in March

Washington, DC, April 20, 2022—Total existing-home sales dipped 2.7% from February to a seasonally adjusted annual rate of 5.77 million in March, according to the National Association of Realtors. Year-over-year, sales fell 4.5% (6.04 million in March 2021).

Dirk Sullivan of Hawthorne Tile Named NTCA Tile Person of the Year

Flowood, MS, April 20, 2022—Dirk Sullivan, founder and president of Hawthorne Tile in Portland, Oregon, was recognized as Tile Person of the Year by the National Tile Contractors Association (NTCA) at its 75th anniversary reception during Coverings, which was held at the Las Vegas Convention Center in Las Vegas, Nevada.

Mortgage Applications Declined 5.0% in Week Ending April 15

Washington, DC, April 20, 2022—Mortgage applications decreased 5.0% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 15, 2022.