| Jul 20, 2023 / The Right News Right When It Happens | Top Story | | Existing-Home Sales Declined 3.3% in June | Washington, DC, July 20, 2023—Total existing-home sales receded 3.3% from May to a seasonally adjusted annual rate of 4.16 million in June, according to the National Association of Realtors. Year-over-year, sales fell 18.9% (down from 5.13 million in June 2022). | |
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| Today's Flooring News | | Huali Group Partners with I4F on Drop-Lock Profile & CeraGrout | Turnhout, Belgium, July 20, 2023-I4F, a group of companies providing patents and technologies to the flooring industry, announced that Huali Group have signed I4F license agreements for the production of SPC and LVT flooring in the United States, Vietnam and China. | |
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| | Virginia Tile Expands Distribution Area for Marazzi Tile | Livonia, MI, July 20, 2023—Virginia Tile announced a significant territory expansion in collaboration with Marazzi Tile. Effective August 1, 2023, Virginia Tile will extend its distribution responsibilities to cover Ohio, Indiana, Kentucky and Western Pennsylvania. | |
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| | Initial Jobless Claims Declined by 9,000 in Week Ending July 15 | Washington, DC, July 20, 2023—In the week ending July 15, the advance figure for seasonally adjusted initial claims was 228,000, a decrease of 9,000 from the previous week's unrevised level of 237,000, according to the Department of Labor. | |
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Featured Video | | Russ Delozier Discusses the CRI's Focus Under his Leadership | July 20, 2023—Russ Delozier, President of the CRI (Carpet and Rug Institute), and Kemp Harr discuss Russ’ background and the organization& | |
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