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May 18, 2023 / The Right News Right When It Happens

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Starnet Annual Meeting Underway Now in Scottsdale

Scottsdale, AZ, May 18, 2023-Starnet annual meeting is now underway in Scottsdale, Arizona at the Fairmont Scottsdale Princess.

Today's Flooring News

Existing-Home Sales Down 3.4% in April

Washington, DC, May 18, 2023—Total existing-home sales in April slid 3.4% from March to a seasonally adjusted annual rate of 4.28 million in April, according to the National Association of Realtors. Year-over-year, sales slumped 23.2% (down from 5.57 million in April 2022).

Total Construction Starts Down 4% in April

Hamilton, NJ, May 18, 2023—Total construction starts fell 4% in April to a seasonally adjusted annual rate of $1.04 trillion, according to Dodge Construction Network.

NAHB Redesigns Multifamily Market Survey, Reports Q1 Findings

Washington, DC, May 18, 2023—The National Association of Home Builders (NAHB) redesigned its Multifamily Market Survey (MMS) in Q1 2023 to make it easier to interpret and more similar to the NAHB/Wells Fargo Housing Market Index for single-family housing.

RD Weis Hires Chip Ebert to Lead National Accounts, Surface Care

Hawthorne, NY, May 18, 2023—RD Weis, a full-service flooring provider, is announcing the hiring of flooring expert Chip Ebert to lead its national accounts program, surface care.

Initial Jobless Claims Declined by 22,000 in Week Ending May 13

Washington, DC, May 18, 2023—In the week ending May 13, the advance figure for seasonally adjusted initial claims was 242,000, a decrease of 22,000 from the previous week's unrevised level of 264,000, according to the Department of Labor.