median

Economy

Biggest Drop In New Home Prices In More Than 30 Years

by Charles Feldman | October 27, 2006

Interesting news the other day out of the Commerce Department and reported in the New York Times about new-home prices: The median price (the statistical point where half the houses are priced less but half are priced more) of a new house nosedived 9.7 percent last month when compared with the same month one year [...]

0 comments Read the full article →
Housing

Median Home Prices Fall First Time in 11 Years

by Joshua Dorkin | September 25, 2006

The National Association of Realtors today reported that the median home price in the US fell in August to $225,000 down 1.7% from August of 2005. This is the first time a year over year decline in median home prices has occured since April 1995. According to The New York Times: “David Lereah, chief economist [...]

1 comment Read the full article →
Copyright © 2004-2012 BiggerPockets, Inc. All Rights Reserved.
BiggerPockets® is a registered trademark of BiggerPockets, Inc.