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Lies And Housing Statistics

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by Felix Salmon
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May 29 2007 12:00am EDT

Lies and Housing Statistics

Yet another reason to ignore individual datapoints from economic series. This morning, the Case-Shiller Home Price Indices were released for March, causing a couple of bloggy headlines: "Housing Freefall Continues Unabated," from Barry Ritholtz, and "Housing Price Rebound?" from Floyd Norris. Yes, they're looking at the same report.

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