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Analysts already expect a stronger Christmas
The big-box home improvement retailers are beginning to make room for holiday merchandise.
And as they make the transition, and independents follow the path to Christmas lights and lawn ornaments, The National Retail Federation served a bit of holiday cheer in early October.
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Home prices rise in Case-Shiller Index
The S&P/Case-Shiller Index, a closely watched indicator for the new housing market, has reported a monthly increase in prices for its 10- and 20-city composites for the first time in eight months. The composites were up 0.8% and 0.7%, respectively, in April versus March.
However, both indices are lower than a year ago, with the 10-city composite down 3.1% and the 20-city composite off 4.0% from its April 2010 levels.