Deliberately Bad Real Estate Reporting

You have an article titled California Home-Price Cuts End Sales Losing Streak, noting that home sales were up 2.5% in April.

That’s the lead. While one can be heartened by the fact that it is the first increase in 30 months, in any normal market, April is always bigger than March. The problem is that real estate reporting is hostage, so what should have been the lead, the fact that median home prices fell 32% year over year, is in the 2nd ‘graph, and there is no mention of the year over year home sales numbers, which are down 19%.

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