thanks rich. your explanation clears things up a bit, particularly the fact that they’re using same home sales.
as for the distribution curve, i agree that that’s probably what they’re doing. it’s just weird and seems inaccurate or at least skewed. to have such large price spreads in the low and high end, particularly at the high end, would seem to dilute the data.
edit: rather, instead of dilute the data, dilute the results…
