Even a relatively large price decline, such as the 12 percent drop we saw in Sarasota, Fla., cannot reasonably be called a correction when that market had a 150 percent price increase during the boom.
However, in a May 2007 powerpoint presentation (pdf), Mr. Yun himself used the term 'price correction'
The discredited Lawrence Yun has contradicted himself. The general public and media need to be aware of his spins, predictions that have proven wrong, and his contradicty statements. Mr Yun is a paid shill who has lost credibility.