Why Median Home Sales Price Is Confusing Right Now

A group of wooden houses with red roofs.

Kevin Brierton – 8.21.2023 The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow. This monthly release provides information on the volume of sales and price trends for homes that have previously been owned. In the upcoming release, it’ll likely say home prices are down. This may seem a bit confusing, especially…

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Why the Median Home Price Is Meaningless in Today’s Market

A small house sitting on top of a wooden table.

Kevin Brierton – 6.20.2023 The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release, it’ll likely say home prices are down. This may feel a bit confusing,…

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