September 1st, 2012, Owen Bigland
September 2012 monthly update on Real Estate in Vancouver.
"There are 3 kinds of lies: Lies, Damned Lies, and Statistics" - Mark Twain
There's no doubt that real estate is an interesting topic of
conversation for the public. The media, in an attempt to feed this
appetite for real estate news, often publishes interesting pieces of
real estate information that help sell papers. Due to this heavy dose of
constant real estate news, it's important to understand how the data is
collected and how to interpret the information.
Below are the 3 most commonly misunderstood real estate statistics in the media:
Canadian Housing Starts Fall
(http://www.cbj.ca/business_news/canadian_business_news/canadian_housing_st ...