Sunday, December 10, 2006

The Misleading Housing Market Stats

So a few different newspapers and financial blogs have been talking about the housing market and one topic that many have jumped on is the housing stats. If you look at the headline numbers from organizations that track activity across the U.S. you'd think that homes are actually selling at decent prices and that perhaps the market isn't in as bad a shape as the naysayers think. Well, when you look at what this data really measures, you realize that the housing market is a lot worse than the numbers would lead you to believe.

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