| | | Oct 26, 2022 / The Right News Right When It Happens | | Top Story | | | | New-Home Sales Declined 10.9% in September | | Washington, DC, October 26, 2022—Sales of new single-family houses in September 2022 were at a seasonally adjusted annual rate of 603,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 10.9% below the revised August rate of 677,000 and is 17.6% below the September 2021 estimate of 732,000. | | |
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| | Today's Flooring News | | | | Home Prices Posted Biggest Monthly Decline in a Decade in August | | New York, NY, October 26, 2022—"Home prices posted their biggest month-on-month decline in more than a decade in August as rising mortgage rates weighed on home-buying demand,” reports the Wall Street Journal. | | |
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| | | | Josh Jensen Named CFO of Ecore | | Lancaster, PA, October 26, 2022-Ecore announced the hiring of Josh Jensen as the new chief financial officer of Ecore International. | | |
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| | | | Q3 Rental Demand Fell to 13-Year Low Due to Record-High Prices | | New York, NY, October 26, 2022—After a long stretch of record-high rents, Americans are renting fewer apartments as demand in the third quarter fell to its lowest level in 13 years, reports the Wall Street Journal. | | |
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| | | Mortgage Applications Declined 1.7% in Week Ending October 21 | | Washington, DC, October 26, 2022—Mortgage applications decreased 1.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 21, 2022. | | |
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| | | NTCA Announces November Workshops | | Flowood, MS, October 26, 2022—In November and December, NTCA offers nine free workshops in Minnesota, Iowa, Georgia, Alabama, Louisiana and Florida. | | |
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| Featured Video | | | | Mark Seal Discusses His Sourcing Strategy at Emser | | October 25, 2022—Mark Seal, VP of Global Sourcing at Emser Tile and Kemp Harr discuss the Emser’s sourcing strategy and how it’s bee | | |
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