| Feb 24, 2021 / The Right News Right When It Happens | Top Story | | Lowe's Sales Rise 27% in Q4, 25% for Fiscal Year 2020 | Mooresville, NC, February 24, 2021—Lowe’s Companies reported sales for Q4 2020 of $20.3 billion, a 27% increase compared to sales of $16.0 billion in Q4 2019. | |
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| Today's Flooring News | | Single-Family Home Sales Rose 19.3% YOY in January | Washington, DC, February 24, 2021-Sales of new single-family houses in January 2021 were at a seasonally adjusted annual rate of 923,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development. | |
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| | AIA Architecture Billings Index Rose to 44.9 in January | Washington, DC, February 24, 2021—The American Institute of Architects’ (AIA) Architecture Billings Index (ABI) score for January was 44.9* compared to 42.3 in December (any score below 50 indicates a decline in firm billings). | |
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| | Pandemic Pushed First-Time Homebuyers into Higher-Priced Homes | Washington, DC, February 24, 2021—The Covid-19 pandemic greatly impacted the first-time homebuyer’s path, moving them into a higher-priced rank of homes, reports Forbes. | |
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| Mortgage Applications Slid 11.4% in Third Week of February | Washington, DC, February 24, 2021—Mortgage applications decreased 11.4% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending February 19, 2021. | |
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Featured Video | | TM Nuckols, Jared Coffin and Jamann Stepp Showcase The Dixie Group's New Products for 2021 | February 24, 2021—TM Nuckols, Jared Coffin and Jamann Stepp, President of Dixie’s residential business, VP of carpet and VP of hard surfac | |
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