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desmond
12 years ago

“All price tiers were down
“All price tiers were down for the month, with the high-priced tier (the most expensive one-third of homes sold during the measurement period) faring worst. The specific monthly changes were as follows: the low tier was down .6 percent, the middle tier down .5 percent, the high tier down 1.6 percent, and the aggregate index down 1.2 percent”

Just like “if a tree falls in the woods” if there are no comments does that mean that prices did not fall?

(former)FormerSanDiegan
Reply to  desmond

desmond wrote:”All price
[quote=desmond]”All price tiers were down for the month, with the high-priced tier (the most expensive one-third of homes sold during the measurement period) faring worst. The specific monthly changes were as follows: the low tier was down .6 percent, the middle tier down .5 percent, the high tier down 1.6 percent, and the aggregate index down 1.2 percent”

Just like “if a tree falls in the woods” if there are no comments does that mean that prices did not fall?[/quote]

It was a foregone conclusion, based on what we already saw posted here …

http://piggington.com/january_2011_resale_housing_data_rodeo

… but still, no laser eyes to speak of …