Housing: "The overall active median reflects every home currently listed for sale, regardless of when it entered the market or how many price adjustments it has undergone. The new listing median shows how sellers entering the market today are pricing their homes. When those two measures move in the same direction, they tell a consistent pricing story. When they diverge, the overall median blends homes already on the market with homes entering the market today. Looking at each measure separately reveals pricing signals the blended median can hide." (HousingWire)
