Median vs Repeat Sales Index House Prices

Back in October, I wrote The Coming Deceleration in House Price Growth. In that post, I noted that the median prices (as reported by the National Association of Realtors® (NAR) was showing a slowdown in year-over-year (YoY) house price growth.

The median prices reported by the NAR are for the most recent month only, so the prices are very timely. However…