The demand to build is there, but the product supply is not, and flooring manufacturers across categories are feeling the burn, as they find ways to work around disruptions in the supply chain.
Rising building materials costs and low inventory have caused new home sales prices to jump 20 percent on a year-over-year basis, harming housing affordability and driving down the pace of new home sales.
During this free summit from Wednesday, May 12 to Thursday, May 13, top home design experts will share simple hacks and how-tos on instant-gratification home upgrades.
The program will feature market tips and favorite at-market products finds from six influential industry professionals on the @LasVegasMarket Instagram page during April 2021 Market, running April 11 – April 15, 2021.
After declining for four years, a number of key trends-including the average size of the home and the number of bedrooms and bathrooms-reversed course in 2020 as a result of shifting buyer preferences in the wake of COVID-19.
