Cost of Housing Index offers insights into housing affordability
Recent study looks at how much pretax income is needed to cover mortgages for new, existing homes WASHINGTON — The latest Cost of Housing Index …
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.
Elements International reaches agreement to sell Style Line Furniture to Jonathan Louis
Sale would include Verona, Mississippi, upholstery manufacturer’s assets including 350,000- square-foot plant and surrounding real estate VERONA, Miss. — Full-line resource Elements International Group LLC …
CNBC/NRF Retail Monitor estimates 3% increase in furniture store sales from February 2025
Segment shows a .27% decline since January, indicating consumers may have been reluctant to put more big purchases on credit cards WASHINGTON — The CNBC/National …
Existing home sales fall 1.4% from February 2025
National Association of Realtors report also says that affordability improved for the 8th straight month WASHINGTON — Existing-home sales declined 1.4% from February 2025, but …
Dorel Industries reduces its net loss for Q4, full-year 2025
Revenue declines tied to downsizing in its furniture segment contributed to overall sales decreases during the quarter ended Dec. 30 MONTRÉAL — Dorel Industries reported …
Trade court ruling offers window into efficiency, speed of tariff refunds
Issue is multifaceted as retailers and consumers also have borne some of those added costs WASHINGTON — A determination that businesses are owed refunds on …
Lilola Home sees growth opportunities with new business initiatives
Company recently opened a new warehouse and showroom and also has doubled the size of its sales force to further penetrate key markets in the …
CPSC issues warning about potentially unsafe clothing storage units sold on Walmart.com
Agency said Uhomepro units are unstable if not anchored to the wall and also violate the requirements of the STURDY Act WASHINGTON — The U.S. …
Mark Cowan joins Hooker Furnishings as VP, sales
MARTINSVILLE, Va. — Industry veteran Mark Cowan has been named vice president of sales at Hooker Furnishings. He brings 34 years of experience to the …
Prepac announces plans to close, lay off 200 from its Whitsett, North Carolina, plant
WHITSETT, N.C. — Canadian RTA manufacturer Prepac Manufacturing plans to cease operations at its 250,000-square-foot plant here, a move that will impact some 200 workers. …
