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 …
Category: Markets
The latest from home furnishings markets
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. — …
Article announces US expansion
The digital-first company will open stores in California and Washington in the fall VANCOUVER, British Columbia — Digital-first furniture company Article, based here, recently announced …
Gold Bond sees opportunity in private-label mattress development
HARTFORD, Conn. — Stronger independent dealers are increasingly turning to Gold Bond to create and manage private-label mattress programs that are generating higher profits, knowing …
Gustafson’s Furniture & Mattress going out of business after 98 years
ROCKFORD, Ill. — Family-owned Gustafson’s Furniture & Mattress is going out of business after 98 years. The final liquidation sale opened to the public May …
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 …
Home Depot reports 4.8% increase in fiscal Q1 sales
Home improvement retailer also reports net income of $3.3 billion, compared with $3.4 billion last year ATLANTA — Home improvement retailer Home Depot reported a …
Existing home sales are level from April 2025
Improvements in housing affordability could boost sales in the late spring and summer months WASHINGTON — April existing home sales were flat from a year …
