Housing and Economy Correspondent for USA TODAY underestimates median home prices by 100,800 dollars (salary, statistics)

[lovecrowds]

Interesting and this is very common, where news reports will talk about inflation and then they claim the prices are much lower than they actual are

Seems like ever since Biden got elected, that media with leftist views will have dramatic news stories on inflation and then they have numbers that claim the inflation is much less than it actually is.

Swapna Venugopal Ramaswamy National Housing and Economy Correspondent has 3 degrees from very exclusive universities, one of which in Economics and her job is the "National Housing and Economics Correspondent" and yet she has no idea what the median price of a house is in the United States and then when she writes an article on it, underestimates the median home prices by $100,800

Wow, all those fancy university degrees she has and her job is the national Housing and Economy Correspondent for USA TODAY and yet she claims the median home price $366,900.

According, to the federal reserve in the 4th quarter of 2022 the median price is $467,700


https://www.uschamberfoundation.org/...%20and%20power.

https://fred.stlouisfed.org/series/MSPUS

https://www.usatoday.com/story/money...e/11254229002/

[john3232]

Originally Posted by lovecrowds

Interesting and this is very common, where news reports will talk about inflation and then they claim the prices are much lower than they actual are

Seems like ever since Biden got elected, that media with leftist views will have dramatic news stories on inflation and then they have numbers that claim the inflation is much less than it actually is.

Swapna Venugopal Ramaswamy National Housing and Economy Correspondent has 3 degrees from very exclusive universities, one of which in Economics and her job is the "National Housing and Economics Correspondent" and yet she has no idea what the median price of a house is in the United States and then when she writes an article on it, underestimates the median home prices by $100,800

Wow, all those fancy university degrees she has and her job is the national Housing and Economy Correspondent for USA TODAY and yet she claims the median home price $366,900.

According, to the federal reserve in the 4th quarter of 2022 the median price is $467,700


https://www.uschamberfoundation.org/...%20and%20power.

https://fred.stlouisfed.org/series/MSPUS

https://www.usatoday.com/story/money...e/11254229002/

Bottom line: Her job is to keep her job.

Probably spins the numbers to keep her bosses happy. Likely earns a very nice salary and wants to keep earning it.

[moneill]

https://activerain.com/blogsview/577...me-sales-stats
On January 20, 2023, National Association of Realtors® (NAR) reported the median home value price was $366,900 in December of 2022 gained 2.3% from the price of $358,800 in December of 2021.

She was citing the National Association of Realtors statistics.

Not sure -- but I wonder if the Fed median is for the Quarter.
The National Realtors Stat is for the month of December only?

https://www.nar.realtor/research-and-statistics
https://fred.stlouisfed.org/series/MSPUS



It is clear the two different entities have a different way of reporting.