(12) MM 2003 - Tiffany Wiley

 Numeracy (12)

Statistical data retrieved from numerical information on cars, reports, real estate, marketing and a various amount of other subjects. Numeracy refers to the ability to make judgments based on quantitative information in a variety of contents. People can describe how quantitative information is gathered and represented textually, verbally, and visually in graphs, charts, tables and diagrams. Numeracy requires all the critical thinking skills. It includes being thoughtfully reflective while interpreting the information expressed in charts, or graphs, analyzing those elements, and explaining and evaluating how those conclusions were reached.  

For an example, real estate agents statistics vary per house you sale. The homeownership rate in the U.S. was at 65.9% during the fourth quarter of 2022. As the quarters go on in time the percentages vary. Such as in the fourth quarter, in 2021, it was 65.5%, and 65.4% in the third quarter. In the first quarter of 2023 the percent was 6.4 for rental housing and 0.8% for homeowner housing. 

Number of existing homes sold in the United States from 2005 to 2023 (in million units)

After gathering information on homes in Arkansas, residential real estate properties are not expected to change according to 1800SellNow.com. As a projection, rent prices on Arkansas residential real estate properties are expected to change at a rate of 0.0%. The lack of change is excellent news for renters. The largest volume of properties sold in Arkansas in the past 12 months was between $117,890 and $235.621. This segment of the market comprised a whooping of  36.5% of the home sales with the next largest at 26.2% in 2021.