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Price indicators increased with poignant uptick in the high finish market– While the median sales cost showed an favoured 0.7% enlarge to $200,000 from $198,700 in the previous year quarter, the median sales price, cost per block feet and the top two cost quintiles posted poignant double-digit gains over the same period, as active register edged descend in new quarters. http://onfloridarealestates.com/florida-real-estates/miami-h...
"A somewhat rough update, based on the change in housing and stock prices, shows a marked deterioration in middle-class wealth. According to my estimates, while mean wealth (in 2007 dollars) fell by 17.3 percent between 2007 and 2009 to $443,600, median wealth plunged by an astounding 36.1 percent to $65,400 (about the same level as in 1992!) ... Trends in inequality [from 2007 to mid-2009] ... show a fairly steep rise in wealth inequality ... The share of the top 1 percent advanced from 34.6 to 37.1 percent, that of the top 5 percent from 61.8 to 65 percent, and that of the top quintile from 85 to 87.7 percent, while that of the second quintile fell from 10.9 to 10 percent, that of the middle quintile from 4 to 3.1 percent, and that of the bottom two quintiles from 0.2 to -0.8 percent." (emphasis added)
Marcella, I think your own note above: "a "quintile" is 20% of U.S. households, so the middle and bottom two quintiles include 60% of U.S. households." is the easiest way of understanding the meaning of the term. i.e. a quintile is 20% of a statistical group, or in other words, one fifth part. The reference to bedrooms is not necessarily relevant in the context shown but if a statistical grouping was done according to the number or size of bedrooms, one could have five units or quintiles for statistical analysis based on this parameter.