May home construction activity declines from May 2024
Housing completions were a bright spot, up 5.4% from April WASHINGTON — Housing construction activity was down again in May compared to a year ago, …
Category: Markets
The latest from home furnishings markets
Presley’s Furniture to close its doors after 44 years in business
TUSCALOOSA, Ala. — After 44 years in business, Presley’s Furniture is closing its doors permanently. The second-generation owners plan to retire following the final liquidation …
At Home bankruptcy declaration identifies key challenges the business faced heading into Chapter 11
Factors ranged from a slow housing market to competition from online shopping, culminating in the economic chaos created by Trump tariffs COPPELL, Texas — Despite …
1915 South opens new Ashley store in Yulee, Florida
YULEE, Fla. — On June 5, 1915 South opened its newest Ashley showroom with a grand opening and ribbon-cutting ceremony. The 30,000 square foot facility is located at …
City Furniture to open store in Sarasota this month
Soft opening of 120,000-square-foot store is planned for the third week in June SARASOTA, Fla. — Home News Now 125 retailer City Furniture is opening …
2 recent reports offer opposing views of the economy
Consumer confidence was up significantly in May, while the April Pending Home Sales Index declined 6.3% from March WASHINGTON — Two recent economic reports offer …
West Elm to occupy 12,000 square feet at The Dorsey Wynwood
MIAMI — Real estate developer Related Group (Related), alongside partners Torose Equities and Lndmrk, today announced that national furnishings brand West Elm has signed a lease for more than 12,000 square feet at …
Appeals court grants stay of US Court of International Trade order blocking Trump tariffs
Plaintiffs in case have until June 5 to respond to this motion while the US government has until June 9 . In the meantime, tariffs …
April existing home sales decline 2% from a year ago
Despite decrease, home prices rise 1.8% to $414,000, an all-time high for the month of April, according to the National Association of Realtors WASHINGTON — April …
Lowe’s reports slight decline in Q1 sales
Home improvement retailer also reports $1.6 billion in net income compared with $1.8 billion the same period last year MOORESVILLE, N.C. — Home improvement retailer …
