Median price skewed due to low-end surge

May 7th, 2008

Statisticians already know statistics can mislead, but it’s easy for journalists and analysts and agents, buyers, and sellers to miss it.

Median home prices – steak and lobster

September 2nd, 2007

While individual home values have declined 20% the median home price has only declined 5% – buyers are getting more home for their money.