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S&P CORELOGIC CASE-SHILLER INDEX CONTINUED GAINS IN APRIL

NEW YORK, June 27, 2023 /PRNewswire/ -- S&P Dow Jones Indices (S&P DJI) today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for April 2023 show ...

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US Home Prices Surged In April; All 20 Cities See Gains As Rates Dipped

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

New-york , United-states , Tampa , Florida , San-francisco , California , Miami , Craigj-lazzara , Bob-shiller , National-home-price-index , Bloomberg , City-composite

S&P Case Schiller for April 0.9% versus 0.4% expected

S&P Case Shiller Home Price data for April

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April Home Prices Bolster Case for Recovery

Both the S&amp;P CoreLogic Case-Shiller U.S. National Home Price Index and the Federal Housing Finance Agency’s (FHFA’s) Home Price Index (HPI) show home prices continuing to increase in April although at a much-diminished rate than in the earlier low-interest rate environment. The annual rate of change for the Case-Shiller indices is now in negative territory. The Case-Shiller National Index, which covers all nine census divisions, posted a decline of 0.2 percent in April, compared to an annual gain of 0.7 percent in the previous month. Before seasonal adjustment, that index was up 1.3 percent month-over-month and rose 0.5 percent after adjustment. The 10-City Composite dropped 1.2 percent, down from the -0.7 percent annual change in March. The 20-City Composite posted a -1.7 percent year-over-year loss, down from -1.1 percent the prior month. Both city composites increased 1.7 percent month-over-month before adjustment. Afterward, the 10-City was up 1.0 percent and the 20-City 0.9 percent. Miami boasted the largest annual increase among metro areas at 5.2 percent, while Chicago broke into the top three in second with a 4.1 percent increase, and Atlanta bumped Charlotte out of third place with a 3.5 percent gain. Seventeen of 20 cities reported lower prices in the year ending April 2023 versus the year ending March 2023. Boston and San Francisco showed 0.1 percent increases and Cleveland gained 0.9 percent.

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Bank of Japan Left Key Parameters of Policy Unchanged But Changed Forward Guidance

In the first meeting presided by the new Governor Ueda, the Bank of Japan left the key parameters of its policy unchanged but changed its forward guidance. The short-term policy rate remains at -0.1%. The BOJ in its Yield Curve Control policy will continue to buy an unlimited amount of government bonds to keep the 10-y government bond yield at around 0%, with a tolerance band for the yield to deviate by 50 bps plus or minus the target level. In its forward guidance, the BOJ deleted the reference to the impact of Covid 19. It also didn’t repeat that ’it expects short- and long term policy interest rates to remain at their present or lower levels’.

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Marketmind: Amazon cools, Intel warms, Japan hesitates

A look at the day ahead in U.S. and global markets from Mike Dolan | April 28, 2023

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Marketmind: Amazon Cools, Intel Warms, Japan Hesitates

Marketmind: Amazon Cools, Intel Warms, Japan Hesitates
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

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Morning Bid: Amazon cools, Intel warms, Japan hesitates

A look at the day ahead in U.S. and global markets from Mike Dolan

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Before the Bell: ASX to rise, Meta paces tech-led rally in New York

Australian shares are set to rise. Nasdaq up 2.4pc. Meta leaps 13.9pc. Apple up 2.8pc. Amazon jumps then fades after hours.

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Cubs V. Sox Weather Forecast: Is the Crosstown Classic Game Still on Today?

Just like rain in springtime is a Chicago tradition, so is the annual Cubs vs. Sox Crosstown Classic.

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