“But the real issue here is, the direction of prices, which doesn’t appear to be, up.”
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That’s not the issue presented in this thread. The screaming all-caps issue is whether high-end properties in OC have been WHACKED yoy. ls2008 argues they have been – based on data I find flimsy and unreliable. I don’t need to bring data to refute the fact that ls2008’s posted median low-volume yoy data is flimsy support for the WHACKED conclusion being drawn – the data is what it is. Everyone here can draw their own conclusions regarding the data being offered in support of ls2008’s allegation and weigh it as they wish.
My general point, as originally raised, is that on this site most folks have graduated well beyond yoy median data reliance (particularly in a low volume environment) and now typically want to see much more meaningful data, particulary when someone is trying to back up a screaming headline. One need not venture far into other screaming sky-is-falling headline threads on this site to find an ultimate…”uh, never mind”…end results.
