April 2010 - Ian Barnes - 25 years of Professional Real Estate Service & Results
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Ian’s Real Estate Rant

“From the desk of Ian Barnes. Relevant, topical real estate related opinions, thoughts and perspectives”

April 2010 - Ian Barnes - 25 years of Professional Real Estate Service & Results – Ian Barnes – 25 years of Professional Real Estate Service & Results

Understanding the statistics

April 26, 2010

It is important to understand that all properties are different, especially in the prestige markets in Applecross, Mount Pleasant, Attadale and surrounds. When the official REIWA website says that the median price in Perth went up 12%, or Applecross went down 20% etc, really this has no bearing at all on every single house. It measures a particular segment, and helps get an overall trend,...