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Housing a bright spot, challenges persist

Floor Covering News

The problem is a dearth of new and existing homes for sale. The number of existing homes for sale has never been lower,” said Berson. months’ supply, with 302,000 new single-family homes for sale, 18.9% New home demand is greatest in Texas and Florida, which accounted for more than half the nation’s population growth last year.

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Pandemic-induced population shifts gain steam

Floor Covering News

and moved to states like Texas, Arizona and Florida. In addition, San Antonio and Fort Worth, Texas; and Meridian, Idaho, while still among the 15 cities with the largest numerical increases, all showed notably smaller increases. We expect the multifunctional home design will dictate [the pace of] our flooring sales.”.