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From NAR, a lump of statistical coal (access required)

As if things weren’t bad enough, NAR has another reason to reach for bottles sealed with cotton (or corks). In a revelation that could make some question the trustworthiness of NAR’s figures and sully its reputation forever – OK, maybe that’s going a bit too far – the association this week announced that its home sales data going back about five years might be too high.

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NC home prices drop 2 percent

North Carolina home prices fell 2 percent in February from a year ago, according to Santa Ana, Calif.-based CoreLogic. The figure includes distressed sales. Prices for nondistressed sales rose 1.5 percent in the state. National home prices, including distressed sales, ...

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