Word: medians
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...last February, sales of new and existing homes have climbed for three straight months. That has brought a measure of financial relief to developers and homeowners whose properties were glutting the market. The rising demand helped reverse a falling trend for U.S. home prices, pushing the median price of existing homes to $100,200 in April, up 4.7% from the same month a year...
...United Parcel Service, which moved from Manhattan to Greenwich, Conn., in 1975, announced two weeks ago that it will ship its 1,000-worker headquarters to Atlanta. UPS also considered Baltimore, Dallas and Cincinnati, then chose Atlanta, in part on the basis of cheaper housing ($68,000 for a median-priced single-family home, vs. $165,000 in southwestern Connecticut...
...More than 30 percent of rent control tenants earn salaries above the median income and many live in apartments much larger than they need," Schloning said. "Therefore, both the low-income citizens and landlords like myself lose out--the ones who really need low-priced housing don't get it, and I'm forced to borrow money just to keep up my building...
...median forecasts of five economists suggest that the economy will rebound by mid-1991, assuming that the U.S. avoids a protracted war in the Persian Gulf...
...examining the status of the clergy, The Black Church raises deeply troubling questions. The median age of black pastors in the U.S. has reached a dangerously high 52, which means that fewer young blacks are entering the ministry. Thanks to the civil rights movement, the ministry is no longer the sole redoubt of blacks with leadership aspirations. "We never had black mayors before the last 30 years," remarks Harlem Baptist Pastor Wyatt Tee Walker...