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May 30, 2023  /  The Right News Right When It Happens
Top Story
Home Prices Rose 0.7% in March, Says Case-Shiller
New York, NY, May 30, 2023—Home prices made a 0.7% annual gain in March, down from 2.1% in the previous month, the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions.
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Today's Flooring News
Adam McCombs Named CEO of Somerset Hardwood Flooring
Somerset, KY, May 30, 2023-The Bauwerk Group, comprised of Bauwerk Parkett, Boen, and Somerset Hardwood Flooring, has named Adam McCombs CEO for Somerset Hardwood Flooring, starting June 1.
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Acquisition, Development & Construction Loan Rates Rose in Q1
Washington, DC, May 30, 2023—While mortgage rates were stabilizing in Q1 2023, rates on loans for acquisition, development & construction (AD&C) continued to climb, according to National Association of Home Builders’ (NAHB) quarterly Survey on AD&C Financing.
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Mattress Shipments Declined 24.6% in Q1
Alexandria, VA, May 30, 2023—Total unit shipments fell 24.6% year over year in Q1, according to the International Sleep Products Association’s Bedding Market Quarterly report.
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