Why "House Prices" fall when "Average House Price" goes up! 🤯
Episode 11 min 28s

Why "House Prices" fall when "Average House Price" goes up! 🤯

People think I'm crazy when I say "house prices are falling, even when the average house price goes up". In this video I will demonstrate why: 1. "House Prices" are not the same as the "average house price" 2. That "House prices" can fall even when the "average house price rises" 3. Why the "median" house price figure is not as misleading as the "mean" house price figure. Spreadsheet Link: https://docs.google.com/spreadsheets/d/1tm4EzSBXTifKIRjPAoTUGW7td62SrPKee4jELjUxgzk/edit?usp=sharing...

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