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Jul 30, 2019  /  The Right News Right When It Happens
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Pending Home Sales Rose 2.8% in June
Washington, DC, July 30, 2019—The Pending Home Sales Index moved up 2.8% to 108.3 in June, up from 105.4 in May, according to the National Association of Realtors. Year-over-year contract signings jumped 1.6%, snapping a 17-month streak of annual decreases.
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Today's Flooring News
Home Prices Rose 3.4% YOY in May, Says Case-Shiller
New York, NY, July 30, 2019—Home prices made a 3.4% annual gain in May, down from 3.5% 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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Galleher Acquires Aged Timber, Hires Its Founder
Santa Fe Springs, CA, July 30, 2019-Galleher has acquired the assets of Aged Timber and hired Greg Glasnow, Aged Timber’s founder, to run its custom finishing facility, Royal Custom Plank & Parquet (RCP).
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Mohawk Reveals Strategy & Updates in Q2 Conference Call
Calhoun, GA, July 30, 2019-During Mohawk’s Q2 conference call on July 26, 2019, the company announced the following,
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Creative Materials Corporation Announces Transition in Ownership
Albany, NY, July 30, 2019-Creative Materials Corporation-a supplier of tile, brick, stone, paver systems, and other related building materials for the commercial construction industry- announces a transition of ownership that continues its status as a privately held company.
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Jeffrey Lawson of Jeffrey Court Has Died
Santa Ana, CA, July 30, 2019-Jeffrey Lawson, 44, president of Jeffrey Court, died July 3, 2019.
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Personal Income & Spending Increased in June
Washington, DC, July 30, 2019—Personal income increased $83.6 billion (0.4%) in June according to estimates released by the Bureau of Economic Analysis.
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NAFCD Opens Registration for 2019 Convention in New Orleans
Chicago, IL, July 30, 2019-The North American Association of Floor Covering Distributors (NAFCD) has opened registration for the 2019 NAFCD Annual Convention, taking place November 12 to 14 at the Hyatt Regency New Orleans in New Orleans, Louisiana.
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NeoCon Issues Call for Submissions for 2020 Event
Chicago, IL, July 30, 2019-NeoCon is currently seeking submissions to its conference program for next year’s show, June 8 to 10, 2020.
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Featured Video
Jeff Hamar Discusses Galleher's New San Diego Design Studio
July 30, 2019—Jeff Hamar, President of Galleher, and Kemp Harr discuss business conditions, Jeff's wood business and the strategy behind opening
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