Washington, D.C.—Rising mortgage rates, high inflation, low existing inventory and elevated home prices contributed to housing affordability falling to its lowest point since the Great Recession in the second quarter of 2022.
According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI), just 42.8% of new and existing homes sold between the beginning of April and

Dallas, Texas—Daltile has developed the Lava finish, a unique, proprietary finish for quartz surfaces that creates the most realistic, natural stone feel available on the market today, according to the company. Liberty Black is the first product to feature Lava finish.