It’s interesting to note, again, one of the lagging aspects of the median and how it will affect these stats.
If the peak was in April 2006, as stated by the article, then we can reasonably assume that prices rose up until that point. So, the current YOY (year on year) median figure is based on a lower starting point then the April peak. So, as we approach April 2007, the YOY figure will be based on a higher and higher value (the peak in April 2006).
So even if prices “level off” (yeah, right) from now until April of 2007, the YOY median will continue to decline as we’ll be measured against the peak, and not some point *before* the peak.
Finally, if you add a dose of realism to this picture and assume that prices will continue to decline, even if just a little, then the declines will be accelerated.
