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Housing a bright spot, challenges persist

Floor Covering News

Washington, D.C.—As 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% said millennials are key to household growth and housing demand. The pandemic.”. months’ supply.

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Pandemic-induced population shifts gain steam

Floor Covering News

residents fled cities like New York, San Francisco, Boston and Washington D.C. Meanwhile, major cities on the East Coast, including Boston and Washington, D.C., 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.