Solve Bias with Market Analysis? Pt 1

First, note that the time adjustment is core to market analysis.  It is not about “comparing comps.”  It quantifies two things. The change in:  1) the value of the dollar and, 2)  market segment price levels. Reference:  FHFA Working Paper 24-07:  Disparities and Time Adjustments, the paper by William Doerner and Scott Susin (FHFA) relates […]