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Brisbane medians Some more examples of misleading medians. A selection of suburbs with changes in median from March 2009- March 2010 with actual resale price data changes for comparison. Clayfield -6%, 11% Springfield -2%, 7% Minyama (Sunshine Coast) 48%, 8.8% West End -4%, 9.7% source: Matusik

Individual resales is a reasonably robust measure to use, also some of the house index data is getting more sophisticated. The only attention I pay to relatively stable median figures (not ones skewed by small sample sizes or composition issues such as new house and land builds) is in terms of...