Tile Sales Beat Projections for 2018 0
Despite claims of a slowing real estate market, granite and marble sales exceeded forecasts made by industry analysts for the 2018 fiscal year. Experts are also surprised that increased tariffs on Chinese imports did not seem to have an impact on the overall market.
Big box retailers and e-commerce stores across America are taking notice of the increased demand. TilesForMyHome.com is even making plans to dramatically increase inventory for the 2019 fiscal year.
The increased demand may be easy to explain. There is now a consensus among real estate investors and home buyers that natural stone increases property value. Homeowners preference for natural stone is especially seen in high-end real estate markets. In luxury markets such as Aspen and Boca Raton, it is nearly impossible to find a home without natural stone tiles.