Could I counsel that the newspaper rent a statistician to examine the accuracy of its information? Maine house costs aren’t “rising” as claimed within the December 22 challenge of the Press Herald article (“Housing market could also be easing for patrons, newest figures present,” Web page B1).
In fact, costs could also be 6 p.c increased now than they have been a yr in the past. But when somebody refers October 20 article In September house gross sales, they’re going to discover the statewide median worth of $330,000 and the Cumberland County median of $500,000 for the quarter ending September 30; November 18 article October costs present median costs falling to $332,000 statewide; and last article It reported November costs have been $325,000 statewide and $485,000 in Cumberland County.
These are clearly falling costs and needs to be reported as such.
#Letter #editor #Correct #reporting #Maine #house #costs #requested
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