Housing construction activity falters from August 2024
Despite lingering affordability issues, officials say that Wednesday’s rate cut could soon lead to a boost in overall housing production WASHINGTON —August housing construction fell …
Author: Thomas Russell
Home News Now Editor-in-Chief Thomas Russell has covered the furniture industry for 25 years at various daily and weekly consumer and trade publications. He can be reached at tom@homenewsnow.com and at 336-508-4616.
Furniture store sales rise 5.2% from August 2024
Strong year-over-year sales activity aligns with reports from retailers of a strong August that continued into the Labor Day holiday weekend WASHINGTON — Furniture store …
Innovation Living purchase of Hestbaek expands offerings for High Point Market
The 2 Danish upholstery brands will be showing in Space 300 of 220 Elm HIGH POINT — Danish sofa-bed and occasional chair specialist Innovation Living …
CPSC issues warning to public about defective tip-over restraints
Units made in China by Cranach Hardware and sold on Amazon can fail and break, potentially resulting in furniture tip-overs that pose serious harm to …
Mortgage bankers survey shows housing affordability rose in July
National median mortgage payment fell by $13 from July 2024 and was down by $45 from June WASHINGTON —Housing affordability rose in July, according to …
Premarket unveils aggressive new product introductions
Despite ongoing uncertainty regarding tariffs, suppliers and their customers appear to be taking a business-as-usual approach to the fall market cycle HIGH POINT — Despite …
Fall edition of CIN kicks off with a look at how consumers view the economy
More than 75% of all prospective furniture shoppers view economic conditions as poor or fair, which could impact their decision to buy in the 2nd …
Ashley Furniture replaces tariff surcharges with updated price increases
Rates range from 3.5% on mattresses to 12% on import dining, occasional tables and outdoor furniture ARCADIA, Wis. — Ashley Furniture has announced to dealers …
Top 30 unsecured creditors in Walker Edison bankruptcy owed $18.4 million
Companies represent a mix of suppliers including warehouse and logistics service providers to overseas furniture and hardware producers WILMINGTON, Del. — The Top 30 unsecured …
Lancer Furniture returning to High Point after 6-year absence
Upholstery manufacturer will show about 30 items including sofas, a power motion sectional and new power motion recliners HIGH POINT — Upholstery manufacturer Lancer Furniture …
