Estimated median house or condo value in 2008: $199,602 (it was $149,800 in 2000)
Estimated median house or condo value in 2008: $393,609 (it was $172,800 in 2000)
Estimated median house or condo value in 2008: $229,212 (it was $141,700 in 2000)
The median house and unit prices in Palmerston were $395,000 and $300,000.
Estimated median house or condo value in 2008 was $341,600 (compared to $202,200 in 2000).
Estimated median house or condo value in 2009: $334,623 (it was $192,300 in 2000)
So if we want to ask whether housing values make sense, data on the median house nationwide are irrelevant.
Estimated median house or condo value in 2007: $88,886 (it was $48,400 in 2000.
Estimated median house or condo value in 2007: $62,681.
In other words, the median family earned 6 percent more than it needed to buy the median house.
