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Aug 22, 2024 / The Right News Right When It Happens

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Existing-Home Sales Rose 1.3% in July

Washington, DC, August 22, 2024-Total existing-home sales ascended 1.3% from June to a seasonally adjusted annual rate of 3.95 million in July, according to the National Association of Realtors.

Today's Flooring News

Forbes Includes Shaw and Mohawk on Georgia Best Employers List

New York, NY, August 22, 2024—Both Shaw and Mohawk were named Best-In-State Employers for the state of Georgia by Forbes

Cost of Existing Home Exceeded Cost of New Home in Q2

Washington, DC, August 22, 2024—As a result of limited resale inventory and measures by home builders to increase housing affordability, the median price on an existing home in the United States during the second quarter of 2024 was higher than that of a new home.

Mortage Applications Declined 10.1% in Week Ending August 16

Washington, DC, August 22, 2024—Mortgage applications decreased 10.1% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending August 16, 2024.

Job Market Was Weaker Than Reported in 2023 and 2024

Washington, DC, August 22, 2024—"The job market from early 2023 through early this year wasn’t as hot as it seemed at the time, new government data suggested Wednesday,” according to the Wall Street Journal.

Novalis Names McClatchy Director of Residential Distribution

Dalton, GA, August 22, 2024—Novalis Innovative Flooring has named Dave McClatchy as director of residential distribution.