Housing data crybabies and deceivers

The data cited in the MarketWatch story - 78% of metro areas showed increases - is actually from the third quarter report, data that was used liberally by the NAR to refute misleading reports of home price declines up until the fourth quarter report came out.

This most recent data is up to seven months old and the data cited in the MarketWatch report is an astounding 10 months old, going all the way back to July of 2007 before the credit crisis began.