New home sales decline 11.3% from April 2025
Sales also declined 6.4% from March, suggesting consumers are unwilling to move into new construction that is costing more than it did a year ago …
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.
NAHB/Wells Fargo Cost of Housing Index shows continued housing affordability challenges
Data shows that many are spending more on a mortgage payment than the recommended 28% or less of one’s income WASHINGTON — Housing affordability remains …
Housing starts rise from April 2025
Building permits and housing completions decline during the same period, but rise from a month earlier WASHINGTON — Housing starts rose in April from a …
Priba Furniture and Interiors to close its doors after more than 54 years in business
President Scott Knox said that the family-owned business decided to cease operations following the passing of his father Bob Knox in March GREENSBORO, N.C. — …
Seen at Interwoven spring 2026
Last week, Home News Now and sister publication Casual News Now attended the semiannual Interwoven show in High Point. While there, they visited many fabric …
Johnston Casuals springs to life under new ownership
Sam Raksin and Yossi Majer purchased the company from Joe Johnston earlier this year NORTH WILKESBORO, N.C. — When Sam Raksin and Yossi Majer purchased …
Home improvement retailer Lowe’s reports 10.3% increase in fiscal Q1 sales
Net income totaled $1.63 billion, compared with $1.64 billion the same period last year MOORESVILLE, N.C — Home improvement retailer Lowe’s Companies reported a 10.3% …
Memorial Day sales offer consumers major values
This weekend marks the return of one of the most important holiday sales periods of the year, with sales often starting a week or two …
Interwoven offers a wealth of new looks for fabric, leather upholstery
Resources also focus on performance fabrics offering stain resistance and bleach cleanability HIGH POINT — Fabric and leather resources were here this week with an …
Pending home sales rise 3.2% from April 2025
Numbers offer a positive outlook for actual closings in the coming weeks and months WASHINGTON — In a potential sign of positive news for the furniture …
