No matter if it is referring to one street, one subdivision, one city, one province or even a country
Average Selling Prices actually cover up ongoing price change and allow Housing Bubbles to build and agents to earn commission.
Not exact matches
For instance, you could
actually get up to 17 % discount on the purchase
price of an Oakville condo in a good school district, while a detached home in good Markham school districts could
sell, on
average, for a 6 % discount.
Hopefully, a great story represents an above
average long - term growth opportunity (or a catalyst, and / or a lower risk / uncorrelated investment), a great stock ensures you invest in a company & management team which can
actually leverage, exploit & deliver genuine long - term shareholder value from this opportunity, while a great
price requires you exercise the patience to buy (&
sell) at the right time.
And if I had many such stocks in the portfolio with a long - term value, and the upside returns were very attractive, but in the short term, because people were afraid and people were thinking about the worst case scenarios and
pricing it in, they were
selling off the stocks, we were
actually dollar cost
averaging down.
This
actually worked for Microsoft with the Xbox 360 Slim with the
average selling price of the console increasing in 2011 over 2010.
While it is true that the PC trendline isn't much better, over the past year or so, a fascinating counter-trend has been happening in the PC industry: The
average selling price of PCs is
actually increasing.
Although Apple arguably made more money despite shifting fewer overall units thanks to the higher
average selling price of the $ 1,000 + handset, the market had still predicted demand would exceed the number of iPhone X
actually bought.
While the overall tablet market continues to slide -LRB--10 % YoY) as a number of units
sold, the popularity of more expensive Windows 2 - in - 1s and Surface - inspired iPad Pros has
actually pushed the
average sale
price up 6 %.
The only way that one who buys a home can
actually make any money on that property, above and beyond inflation, is if one buys at the bottom of a
price crash and thence
sells at the
price peak just before the bubble bursts, something that the
average home owner can not do unless via pure dumb luck twice over.
Some more information such as
average selling price and
average market time should be included in a piece such as this one — if in fact it was
actually something that even flirted with the concept of journalism.