Median vs. Average
Posted in , HousingPanic Lunacy, Real Estate Articles, average, housing, housingpanic, median, prices, reporting by Tim on May 23rd, 2007
I got a great email today.
Tim,
I was over at your favorite site today and one of the posts made me think. It was about why the housing industry uses median instead of average home prices when reporting market data. I got to thinking about that and the examples they give are pretty compelling and I’m [...]
