| 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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