NEW YORK ( CNBC) -- The year of the Dragon is considered to be the luckiest of the Chinese lunar years, with many couples rushing to marry or have a child during this auspicious time. But the does the year also herald a home furnishing boom? Perhaps International Business Machines ( IBM) is forecasting a surge in demand for home furnishings in the second quarter of this year. Its forecast calls for in-store sales of home furnishings to rise nearly 8 % to $23.22 billion and online sales to surge 28.4 %. Combined, the home furnishings market should grow 16.6 % in the second quarter. Among the reasons cited is the effect of the Chinese Year of the Dragon, which began on Feb. 4.
By Christina Cheddar Berk, News Editor
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