Hotspotting Podcast | Episode 44: Generalised price data misleads

Posted on 15/05/2018  
Hotspotting Podcast | Episode 44: Generalised price data misleads

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In this episode of the Hotspotting podcast, Terry Ryder again highlights examples of misleading real estate property stories in the Australian media and why you need to be wary when median housing prices are quoted.

On this episode Terry covers:

  • The danger is using a single number to describe the current activity in a city or national market
  • Example of a typical misleading statement in the media, “Australian house prices rose 4.0 percent in the past year” and the breakdown of the sources and figures quoted in this particular example
  • Examples of how median or average quoted figures can be misleading in the Australian property market
  • Why the use and abuse of cheap and nasty figures are increasing in the media landscape

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