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From the article: > We define a price drop as a listing price reduction of more than 1 percent and less than 50 percent. I would like to see the number of hou
by CogitoCogito 8y ago
From the article:
> We define a price drop as a listing price reduction of more than 1 percent and less than 50 percent.
I would like to see the number of houses that increased their listing prices by more than 1% for a clearer picture. Without that information, I don't see how this graph leads to the conclusion of a general price drop.
- bmm6o 8y agoDoes that ever happen? As a casual observer, I don't think I've ever seen it. When would a seller raise the asking price of a house already on the market?
- CogitoCogito 8y agoI don't know how often it happens. That was my question after all. Judging by the downvotes I received, I guess people here either know (or assume) that asking prices don't rise. Unfortunately their downvotes aren't as educational as the statistics I was asking for.