[quote=AN][quote=Jazzman]Ctr70 the median can prduce results all over the shop. Look at Rich’s comments for condos recently. I’d definitely put more weight on CS[/quote]
Rich’s comments for condos recently is correctly. But I don’t recall him saying the same about median price. He also said CS # are backward looking and stale. Just like what ctr70 said. If you look at $/sq-ft # from 5-6 months ago, that match up with what CS data shows, which is pretty flat. But over the last 5-6 months, price went up a lot. You can click on the link on the bottom right of this site.[/quote]
How much is a lot? And what is driving it? How much does it matter what is driving it? I just hear the same pre-bubble drum pulsating just beneath the surface, scarcely able to constrain the ferment as it grasps at it’s old friend ‘greed and stupidity’, discarding cautionary notes and rationale with its usual careless abandon. You know, good luck to you, if that is what you want.
