Existing-home sales fell in May, marking a three-month decline in sales as a result of the coronavirus outbreak, according to the National Association of Realtors.
In a sign that the housing market continues to show forward momentum, single-family permits posted an 11.9 percent gain in May, while total housing starts increased 4.3 percent to a seasonally adjusted annual rate of 974,000 units.
Confidence in the market for new multifamily housing weakened significantly in the first quarter of 2020, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB).
More than half of homeowners who were in the midst of a home renovation or design project when the coronavirus pandemic was declared on March 11, 2020, were able to continue with their renovations (52 percent), according to a new report from Houzz.
Expenditures for home improvements to the owner-occupied housing stock are anticipated to decline in most of the nation’s largest metropolitan areas this year in response to the severe economic impacts of the COVID-19 pandemic, according to new projections released today by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
Flooring manufacturer Duchateau will be featured on Celebrity IOU, a new NEW HGTV Property Brothers show that showcases Hollywood A-listers expressing gratitude to individuals who have had a major impact on their lives by surprising them with home renovations.
Beginning today until June 30, 2020 all consumer samples are free to consumers through AHF trade partners. New online room visualizers, available now for Bruce, Hartco and Robbins floors, can be a valuable resource to help consumers make the right flooring choice.
