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Houses ( Median Sales Price of Houses Sold for the United State s) Collect data about the market using the FRED website ( 25 observations
- Houses (Median Sales Price of Houses Sold for the United States)
- Collect data about the market using the FRED website (25 observations minimum). The starting date and the frequency of the data is up to you (Justify your choice). (30 Points)
- Create a time series graph based on your data using Excel. (15Points)
- Describe your data: Maximum, minimum, increase, decrease, range. Identify periods of sharp increase or sharp decrease. (20 Points)
- Select one of the periods you identified in the previous part and explain what changed in the market. Your explanation should be based on real life events and facts collected from legitimate sources. Using your own words, provide economic intuition about the event and its effect on the market. (60 Points)
- Illustrate the changes in the market using Demand and Supply graph (make sure to identify old and new equilibrium prices on the graph). (15 Points)
- Provide the name and the link for every source you used in this project. (10 Points)
I REALLY NEED HELP WITH THIS. I NEED TO ANSWER THESE QUESTIONS BASED ON THE TOPIC I CHOSE WHICH IS HOUSES IN AMERICA.
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