Floor Covering News
JUNE 7, 2023
Washington, D.C.—Economic Revised data shows that gross domestic product grew at an annualized rate of 1.1% Furthermore, the average of GDP and gross domestic income—a measure of everything earned during production and often a bellwether of revisions to GDP—decreased 0.5% in the first quarter following a decrease of 0.4%
Floor Covering News
AUGUST 5, 2021
Washington, D.C.—Soaring Recent NAHB analysis shows that higher costs for lumber products have added nearly $30,000 to the price of an average new single-family home and raised the rental price of a new apartment unit by more than $90,” said Robert Dietz, NAHB chief economist. and Fairbanks, Alaska. median income of $79,900.
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Floor Covering News
FEBRUARY 8, 2022
Washington D.C.— Ongoing production challenges and the likelihood of higher interest rates in the months ahead as the Federal Reserve moves to tighten interest rates threaten to drive housing affordability even lower in 2022, according to the NAHB. Fairbanks, Alaska. Top five affordable small housing markets: Cumberland, Md.-W.
Floor Covering News
NOVEMBER 11, 2021
Washington D.C.—Housing To keep affordability problems from worsening in the future, policymakers need to tackle supply-chain challenges that are hindering new home production,” Dietz said. Fairbanks, Alaska. Helping builders boost output will also slow the rapid rise in home prices that has occurred over the past year.”.
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