Breaking Flooring News

Housing Starts Declined 14.7% in March, Down 4.3% YOY

Washington, DC, April 16, 2024- Privately-owned housing starts in March were at a seasonally adjusted annual rate of 1,321,000, 14.7% below the revised February estimate of 1,549,000 and is 4.3% below the March 2023 rate of 1,380,000, according to the U.S. Census Bureau.

Elizabeth Lambert Named NTCA 2024 Tile Person of the Year

Jackson, MS, April 16, 2024—The National Tile Contractors Association (NTCA) has announced that Elizabeth Lambert, co-owner of Lambert Tile and Stone in Eagle, Colorado, as the recipient of the 2024 Tile Person of the Year Award.

CP Build Acquires Precision Carpentry and Design

Salt Lake City, April 16, 2024—CP Build Enterprises, an interior subcontractor specializing in large multi-family and commercial projects, announced the acquisition of Precision Carpentry and Design, based in Phoenix, Arizona.

Unilin Forms Partnership with Centexbel

Waregem, Belgium, April 16, 2024—Unilin announces its partnership with Centexbel, a pioneer in biobased polymer research.

XL Brands Chooses BPI as Southwestern Distributor

Wauwatosa, WI, April 16, 2024-XL Brands, a provider of professional flooring adhesive solutions, is now available for purchase through BPI.

Latricrete to Sponsor Turner Motorsport SRO GT World Challenge

Bethany, CT, April 16, 2024-Laticrete and Turner Motorsport have announced a new partnership for the upcoming 2024 SRO GT World Challenge, with Laticrete serving as the primary sponsor for the #29 BMW M4 GT3 co-driven by Justin Rothberg and Robby Foley.

RM Interiors Expands into Kansas City

Kansas City, MO, April 16, 2024—RM Interiors (RMI Flooring), a flooring installation company, has announced its expansion into Kansas City.

Wall Street Hoping OPEC Will Keep Oil Prices Under $100/Barrel

New York, NY, April 16, 2024-"The specter of a widening war in the Middle East has put $100-a-barrel oil back on the table,” reports the Wall Street Journal. “But Wall Street is looking elsewhere in the region for hints about how high prices could go.

National Apartment Rent Rises to $1,987 in March

Atlanta, GA, April 16, 2024-The national median price of an apartment in March was $1,987, according to Rent.com.

Retail Sales Rose 4% YOY in March

Washington, DC, April 15, 2024—Advance estimates of U.S. retail and food services sales for March 2024 were $709.6 billion, up 0.7% from the previous month, and up 4.0% above March 2023, according to the Department of Labor.

Builder Confidence Steady in March at 51

Washington, DC, April 15, 2024—Builder confidence in the market for newly built single-family homes was 51 in April, unchanged from March, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).

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