baltimore sun: New Home Sales : How The Newspaper Headlines Mislead You - 06/02/08 01:36 PM
Newspaper headlines rarely tell the full story and today's papers provide a terrific example. From the Baltimore Sun (and others):
New-home sales lowest since 1991 8.5% March decline exceeds forecasts; prices also tumble As always, there's more to the story than the headline.
The Census Bureau reported a 8.5 percent decline in New Home Sales last month, but in the "fine print" of the report, the Census Bureau cites a margin of error of 16.1 percent.
By including a margin of error, the Census Bureau is acknowledging that the "headline number" is not precise and that the actual change in New … (0 comments)

 
Mike Rosen (Provident Team Real Estate)

Mike Rosen

Leesburg, VA

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