Word: medians
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Dates: during 2000-2009
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...house party had to end eventually, even if sellers refuse to believe it. Many remain defiant to the point of delusion, demanding one more drink at the housing bar. Real estate bulls point out that the nation's median home price is still up 0.9% this year, to $231,000. But that stat is misleading. There's a stalemate between buyers and sellers: property owners are reluctant to cut prices, and buyers are patrolling from the sidelines, hoping for fire sales. "We've had sellers' markets for the last five years, and they're transitioning to buyers' markets," says David...
...prices, although below those of high-end dentists, are not much lower than the typical rates in most major cities (and like many traditional dentists, Vital Dent doesn't participate directly in insurance plans). According to a 2005 year-end survey published in the journal Dental Economics, the median price of a surface filling was $112; Vital Dent charges about...
...Such companies as Infosys, Wipro and Tata Consultancy Services (TCS) grew into billion-dollar behemoths by tapping armies of quick-coding, English-speaking, low-wage techies to do the software programming and back-office tasks that U.S. companies used to perform in-house. But Indian salaries are rising--the median annual wage for a software engineer jumped 11%, from $6,313 in 2004 to $7,010 in 2005, according to India's National Association of Software and Service Companies (NASSCOM)--and the country's technical colleges aren't producing highly skilled workers quickly enough. So foreign companies are turning...
...janitors' wages have risen, salaries for other Pittsburgh jobs have followed suit. Security guards, for instance, working in buildings where unionized janitorial workers are employed, have seen their earnings advance in parallel. Over the past three years, the median household income in the city has grown nearly 3%, from $39,643 to $40,699, adjusted for inflation. And annual janitorial-job turnover, as high as 300% in Cincinnati, is just one-tenth that rate in Pittsburgh. As a result, contractors' costs for recruitment and training are significantly lower. "For a community and its families, wage gains for low-income workers...
...Post-Katrina rise in the city's median income, to $43,447, owing largely to displacement of poorer black residents...