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Jun 27, 2023  /  The Right News Right When It Happens
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New Home Sales Rose 20% YOY in May
Washington, DC, June 27, 2023—Sales of new single-family houses in May 2023 were at a seasonally adjusted annual rate of 763,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 12.2% above the revised April rate of 680,000 and 20.0% above the May 2022 estimate of 636,000.
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Today's Flooring News
Louisville Tile Acquires American Olean Midwest Distribution Business
Louisville, KY, June 27, 2023-Louisville Tile, a distributor of ceramic, porcelain, and natural stone tile, announces its acquisition of American Olean Midwest, a tile supplier and distributor.
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Home Prices Declined 0.2% in April, Says Case-Shiller
New York, NY, June 27, 2023—Home prices declined -0.2% annually in April, down from a gain of 0.7% in the previous month, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions.
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Dal-Tile Named Vendor of the Year by AR Homes
Dallas, TX, June 27, 2023—Dal-Tile recently received its second “Vendor of The Year” award from custom luxury homebuilder AR Homes.
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Mannington Renews Partnership with Mercy Medical Angels
Calhoun, GA, June 27, 2023-Mannington Commercial, a manufacturer of commercial flooring products crafted with purpose, announced its renewed partnership with Mercy Medical Angels, the nation’s largest provider of charitable long-distance transportation to medical care for those in financial need.
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The Tile Shop Opens New Location in Colorado Springs
Minneapolis, MN, June 27, 2023—The Tile Shop has opened a new location in Colorado Springs, Colorado.
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Spartan Surfaces Expands into Western U.S.
Bel Air, MD, June 27, 2023—Spartan Surfaces, a subsidiary of Floor and Décor, has expanded into the Western U.S., spanning Washington and Idaho.
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Shaw's Cook Inducted into National Private Truck Council Hall of Fame
Dalton, GA, June 27, 2023-Shaw Industries has announced that Claude “Ricky” Cook, a Shaw driver for the past 38 years, has been inducted into the National Private Truck Council’s (NPTC) Hall of Fame.
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Durable Goods Orders Rose 1.7% in May
Washington, DC, June 27, 2023—New orders for manufactured durable goods in May, up three consecutive months, increased $4.9 billion or 1.7% to $288.2 billion, the U.S. Census Bureau announced.
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