• The world's most iconic toy store is reopening after suddenly shutting down 3 years ago

    25 days ago - By Business Insider

    Iconic toy brand FAO Schwarz is opening a store in Rockefeller Plaza in time for holiday shopping this year.
    The brand was known for its famous flagship store on 5th avenue which closed in 2015.
    The new store is being developed by Threesixty Group, a product developer and distributor, which purchased the brand from Toys R Us in 2016.
    FAO Schwarz is coming back to Manhattan.
    The iconic toy store brand, known for its interactive displays like a giant piano, is opening up a new store in Rockefeller Plaza, according to the Wall Street Journal. The store is opening soon, and will be ready for...
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  • Real House Prices and Price-to-Rent Ratio in June

    Real House Prices and Price-to-Rent Ratio in June

    25 days ago - By Calculated Risk

    Here is the earlier post on Case-Shiller: Case-Shiller: National House Price Index increased 6.2% year-over-year in June
    It has been over eleven years since the bubble peak. In the Case-Shiller release this morning, the seasonally adjusted National Index , was reported as being 9.8% above the previous bubble peak. However, in real terms, the National index is still about 9.6% below the bubble peak (and historically there has been an upward slope to real house prices). The composite 20, in real terms, is still 15.7% below the bubble peak.
    The year-over-year increase in prices is mostly...
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  • No shock: home prices up yet again in latest Case-Shiller Index

    No shock: home prices up yet again in latest Case-Shiller Index

    25 days ago - By Inman

    Home prices are up for the 74th-consecutive month, according to the latest S&P CoreLogic Case-Shiller National Home Price NSA Index, released Tuesday.
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  • Case-Shiller: National House Price Index increased 6.2% year-over-year in June

    Case-Shiller: National House Price Index increased 6.2% year-over-year in June

    25 days ago - By Calculated Risk

    S&P/Case-Shiller released the monthly Home Price Indices for June ("June" is a 3 month average of April, May and June prices).
    This release includes prices for 20 individual cities, two composite indices and the monthly National index.
    Note: Case-Shiller reports Not Seasonally Adjusted , I use the SA data for the graphs.
    From S&P: Las Vegas Leads Price Gains in June According to the S&P CoreLogic Case-Shiller Index
    The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 6.2% annual gain in June, down from 6.4% in the previous...
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  • US home prices jumped 6.3 percent from a year ago

    25 days ago - By Chron

    WASHINGTON - U.S home prices climbed 6.3 percent in June from a year earlier, as affordability is becoming a greater obstacle for would-be buyers.
    The S&P CoreLogic Case-Shiller 20-city home price index rose at a slightly slower pace than the 6.5 percent annual gain in May from a year earlier, according to a report Tuesday. But home values are increasing at more than double the pace of average wage growth, weighing down property sales despite solid demand because of accelerating economic growth and solid hiring.
    Mortgage rates are also higher than a year ago, creating another price...
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  • US home prices jumped 6.3 percent from a year ago

    25 days ago - By Chron

    WASHINGTON - U.S home prices climbed 6.3 percent in June from a year earlier, as affordability is becoming a greater obstacle for would-be buyers.
    The S&P CoreLogic Case-Shiller 20-city home price index rose at a slightly slower pace than the 6.5 percent annual gain in May from a year earlier. But home values are increasing at more than double the pace of average wage growth, weighing down property sales despite the robust job growth.
    Mortgage rates are also higher than a year ago, creating another price pressure. The National Association of Realtors said that sales of existing homes have...
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