Max Rady College of Medicine

Term: Selling Price of Houses-Median

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Glossary Definition

Last Updated: 2006-11-08

Definition:

The market-selling price of properties that were sold in the open market by a willing seller to a willing buyer. These arms-length transactions include sales that were offered for a reasonable period of time, whether it was through the Multiple Listing Service (MLS), exclusive listing, or by private offering. These sales would also be expected to take place between unrelated people. The median selling price is based on sales.

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References 

  • Brownell M, Roos NP, Fransoo R, Guevremont A, MacWilliam L, Derksen S, Dik N, Bogdanovic B, Sirski M. How Do Educational Outcomes Vary With Socioeconomic Status? Key Findings from the Manitoba Child Health Atlas 2004. Winnipeg, MB: Manitoba Centre for Health Policy, 2004. [Report] [Summary] [Additional Materials] (View)


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Manitoba Centre for Health Policy
Community Health Sciences, Max Rady College of Medicine,
Rady Faculty of Health Sciences,
Room 408-727 McDermot Ave.
University of Manitoba
Winnipeg, MB R3E 3P5 Canada

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