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Median home price (NPR)

Libby Lewis filed a report with NPR this morning describing the 15% drop in median home price across the U.S.  She further said that the Real Estate industry said that this was due principally to a drop in the price of higher prices homes.  This comment went unremarked.I don’t see how this can be. Changes in price in the upper half don’t affect the median value at all. The situation is a little more involved when the population sizes change from month to month—but not enough to justify the statement that falling prices at the upper end of the scale drove a change in the median reported.