Once again we have been treated to a form of news spin that borders on propaganda.
This time the information comes from the National Association of Realtors, or NAR, a group which long ago fell out of my favor for their tendency to churn out poor quality sampled “data” that was invariably out of step with reality.
And always out of step in the same direction it goes without saying; to the positive. After being thoroughly discredited during the popping phase of the housing bubble you might think that the US media would be a little bit more cautious running NAR “data” without providing some sort of context or caveats. You’d be wrong.