Median price skewed due to low-end surge
May 7th, 2008Statisticians already know statistics can mislead, but it’s easy for journalists and analysts and agents, buyers, and sellers to miss it.

Statisticians already know statistics can mislead, but it’s easy for journalists and analysts and agents, buyers, and sellers to miss it.
While individual home values have declined 20% the median home price has only declined 5% – buyers are getting more home for their money.