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Christina Lynch

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“Median Price” May be Misunderstood

Since the beginning of the real estate “bubble” headlines much has been made of the “median Price”.  Could there be any other indicator that might help people understand what is actually happening in the real estate market?  You can find report after report citing the median price and it doesn’t seem to connect to the value trends that are reported.  
Bob Hunt explains: Focusing on the Median Price Can Be Misleading.

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Posted in: Market Watch, Real Estate News Tagged: market, median price, misleading, real estate, value

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