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 …
Category: Markets
The latest from home furnishings markets
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 …
Housing construction activity falters in April
Building permits, housing starts and completions are all down from April 2024 while housing starts rise 1.6% from March WASHINGTON — April residential housing construction …
Will pause in tariffs help China regain footing in furniture?
While some industry officials have applauded the 90-day reprieve, furniture production that has already moved to Vietnam and other countries may not return HIGH POINT …
NAHB survey shows decline in home-builder confidence in May
Uncertainties regarding tariffs, interest rates and building-material costs impact overall views about the economy WASHINGTON — The National Association of Home Builders said that home-builder …
April furniture store sales rise 7.8% from April 2024
Sector continues ongoing streak of year-over-year increases, although this could be related to consumers trying to purchase products before tariffs increase WASHINGTON — Furniture store …
April High Point Market strategies addressed subject of tariffs head-on
While many said the issue did not come up in many discussions, some of the product shown clearly aimed to alleviate potential pricing impacts down …
Dorel Home to consolidate key operations of residential furniture segment into Cosco division
Move aims to substantially cut costs by reducing redundant positions that it said are not necessary to support anticipated sales levels and channels moving forward …
Quality Furniture Co. to close after 56 years in business
MURFREESBORO, Tenn. — Retailer Quality Furniture Co. is going out of business after selling whole home furnishings for more than half a century. The family-owned and …
Spring Air adds Sound Sleep to licensee roster
Deal was the result of Sound Sleep’s recent merger with Idaho-based Everton Mattress WOBURN, Massachusetts — Top 20 U.S. bedding manufacturer Spring Air International has …
