| May 18, 2023 / The Right News Right When It Happens | Top Story | | 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. | |
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| 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). | |
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| | 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. | |
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| | 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. | |
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| 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. | |
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| 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. | |
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