Thu.May 16, 2024

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Multifamily developer confidence declines in first quarter

Floor Covering News

A multifamily condominium is under construction. Washington, D.C.—Confidence in the market for new multifamily housing declined year-over-year in the first quarter of 2024, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The MMS produces two separate indices; the Multifamily Production Index (MPI) had a reading of 47, down three points year-over-year, while the Multifamily Occupancy Index (MOI) had a reading of 83, up on

Survey 105
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Green Concrete Recycling Twice the Coal Ash is Built to Last

The A to Z of Building

New modelling reveals that low-carbon concrete developed at RMIT University can recycle double the amount of coal ash compared to current standards, halve the amount of cement required and perform exceptionally well over time.

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Higher mortgage rates hammer builder confidence in May

Floor Covering News

Washington, D.C.—With mortgage rates averaging above 7% for the past four weeks per data from Freddie Mac, builder sentiment posted its first decline since November 2023. Builder confidence in the market for newly built single-family homes was 45 in May, down six points from April, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).

Wichita 105
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Optimizing Roof Retrofit for Energy Efficiency

The A to Z of Building

A study from the University of Rome presents a catalog of optimized, sustainable solutions for energy-efficient building retrofits. Using standardized and prefabricated insulation methods, the research targets prevalent roof types in national residential building heritage, enhancing thermal performance by over 66% and promoting environmental sustainability.

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Seth Gladden launches Gladden Group

Floor Covering News

Chattanooga, Tenn.—After almost a decade in the flooring industry, Seth Gladden, the former head of marketing for Taylor Adhesives and the Flooring Division of Meridian Adhesives Group, launched his own agency, the Gladden Group. “Our full-service agency aims to revolutionize brands with a focus on marketing, consulting, and branding,” Gladden said.

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i4F to exhibit 2024 Domotex Asia/ChinaFloor

Floor Covering News

Shanghai, China—i4F, a group of companies providing patents and technologies to the flooring industry, is participating as an exhibitor at this year’s Domotex Asia/ChinaFloor show taking place on May 28-30, 2024, here. i4F’s entire Asia team and senior management members will be present in the booth. This year’s i4F booth is designed for visitors to “Experience Innovation” through a “try, touch and feel” approach.

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Ecore appoints Shweta Srikanth chief circularity officer

Floor Covering News

Lancaster, Pa.—Ecore, a global leader in recycled rubber and performance-driven surfaces and solutions, has appointed Shweta Srikanth as chief circularity officer. In this new role, Srikanth will spearhead the company’s commitment to sustainability and circular economy practices, driving strategies to reduce environmental impact and enhance overall sustainability.