Members of the Resilient Floor Covering Institute (RFCI) met in Sarasota, Florida, last week for the annual Fall Board of Directors and Associate Member Meeting to discuss strategies for continued growth of the resilient flooring category. 

Despite elevated mortgage rates averaging above 7%, single-family starts posted a solid gain in September as more buyers are turning to new homes because of a dearth of inventory in the resale market.

Brendan Ball, VP of Spartan Surfaces' builder division, shares what he's seeing in the builder market for the remainder of 2023. 

Rising mortgage rates and high construction costs stemming from a dearth of construction workers, a lack of buildable lots and ongoing shortages of distribution transformers put a chill on builder sentiment in August. 

U.S. construction spending increased in June and the prior month's data was revised higher, boosted by spending in both single-family and multifamily housing projects.

Home professions, including architects, interior designers and contractors, are only mildly optimistic about business as they head into Q3 2023.

Rising mortgage rates in June, coupled with elevated construction costs and supply chain issues for electrical transformers, acted as headwinds on the new home sales market.

The two brands have been partners since 2020 and have extended their agreement for an additional three years, giving Taylor Morrison’s homebuyers in Georgia, North Carolina, Florida and Texas access to Cosentino surfaces.

Spartan Surfaces welcomes Brendan Ball to spearhead the buildout of the Spartan's Builder Division. 

SCI Flooring operates as SCI Floor Covering in Detroit, Michigan; MC Flooring in Kansas City, Missouri; and Eastpointe Interiors in Grand Rapids, Michigan.