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NAR caught lying again... Over-counting home sales...


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2011 Feb 22, 5:26am   1,294 views  4 comments

by LAO   ➕follow (0)   💰tip   ignore  

http://www.cnbc.com/id/38429467

"Homes sales could have been over-stated by as much as 20%!"

I've always been suspicious of the bean counters.. statistics in the housing industry... Who do you trust for data anymore?

#housing

Comments 1 - 4 of 4        Search these comments

1   joshuatrio   2011 Feb 22, 5:53am  

Doesn't surprise me. Nice find.

2   bubblesitter   2011 Feb 22, 6:50am  

Does that mean 20% in that statement is still under-stated?

3   marko   2011 Feb 22, 7:06am  

That is the main reason that charts , statistics, and data should not be the only guideline for buying anything. Certainly as a time-frame reference but not as a guide to tell you when to buy. there are too many real-life variables - such as lying. At the end of the day, was someone actually suprised that statistics were enhanced to meet an end ?

4   FortWayne   2011 Feb 22, 7:07am  

These guys look more sleazy every day.

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