TITLE

Some Markets Skew Price Data

AUTHOR(S)
Sichelman, Lew
PUB. DATE
May 2012
SOURCE
National Mortgage News;5/28/2012, Vol. 36 Issue 35, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the skewed price data in some mortgage markets in the U.S. It notes that the average of nearly 10% increase in house prices in the survey of the Federal Housing Finance Agency in the first quarter of 2012 was skewed higher in several markets. It also cites that the figures in the survey signal the recovery of the housing market but buyer or seller must get an idea of market trend in order not to be fooled by reports that mention national or regional price trends.
ACCESSION #
82834087

 

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