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Couples choosing grills, power tools in bridal registries
A growing number of engaged couples are listing home-improvement products in their gift registries, according to a just released survey by TheKnot.com and WeddingChannel.com. More than 12,000 couples with 2010 wedding dates were polled in the annual survey. Highlights include:
On average, engaged couples register at three retail stores, and 3% of the respondents registered at Home Depot in 2010. This compares to 2% in 2009.
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Case Shiller reports home prices decline, again
The S&P/Case Shiller Index, a bellwether for the new housing market, has reported that home prices for the month of February 2011 continue to fall from their year-ago levels but remain slightly above the April 2009 bottom point.
The 10-City and 20-City composites fell 2.6% and 3.3% respectively from their February 2010 levels. Washington D.C. was the only market to post a year-over-year gain with an annual growth rate of 2.7%.