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Sep 27, 2022 / The Right News Right When It Happens

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New Single-Family Home Sales Rose 28.8% in August

Washington, DC, September 27, 2022—Sales of new single-family houses in August 2022 were at a seasonally adjusted annual rate of 685,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 28.8% above the revised July rate of 532,000 but 0.1% below the August 2021 estimate of 686,000.

Today's Flooring News

Home Prices Made a 15.8% Annual Gain in July, Says Case-Shiller

New York, NY, September 27,2022—Home prices made a 15.8% annual gain in July, down from 18.1% 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.

Mohawk Releases 13th Environmental, Social and Governance Report

Calhoun, GA, September 27, 2022—Mohawk Industries’ thirteenth annual Environmental, Social and Governance Report highlights the company’s internal and external partnerships that are driving its commitment to achieving a better tomorrow together.

Orders for Durable Goods Inched Down 0.2% in August

Washington, DC, September 27, 2022—New orders for manufactured durable goods in August, down two consecutive months, decreased $0.6 billion or 0.2% to $272.7 billion, the U.S. Census Bureau.

Novalis to Launch Digital Product Passports

Dalton, GA, September 27, 2022—In anticipation of the pending European Green Deal, Novalis is developing Digital Product Passports (DPPs) for its commercial AVA brand, which will help contractors and end-users easily and quickly identify the products and find important installation, removal and replacement information via a QR code on the back.

Benchwick Beta-Testing Technology that "Learns" & Recreates Wood Species

New York, NY, September 27, 2022—Benchwick announced a new technology called Envision.Style that “learns” wood species (color, grain, patterns, etc.) and then recreates panels that are true to the original sample.