Is There a Real-Estate Bubble in the US?
| dc.creator | Zhou, Wei-Xing | |
| dc.creator | Sornette, Didier | |
| dc.date | 2005-06-03 | |
| dc.date.accessioned | 2026-07-07T12:07:34Z | |
| dc.date.available | 2026-07-07T12:07:34Z | |
| dc.description | We analyze the quarterly average sale prices of new houses sold in the USA as a whole, in the northeast, midwest, south, and west of the USA, in each of the 50 states and the District of Columbia of the USA, to determine whether they have grown faster-than-exponential which we take as the diagnostic of a bubble. We find that 22 states (mostly Northeast and West) exhibit clear-cut signatures of a fast growing bubble. From the analysis of the S&P 500 Home Index, we conclude that the turning point of the bubble will probably occur around mid-2006. | |
| dc.description | 7 Elsaet Latex pages + 9 eps figures | |
| dc.identifier | https://arxiv.org/abs/physics/0506027 | |
| dc.identifier | http://arxiv.org/abs/physics/0506027 | |
| dc.identifier | Physica A 361, 297-308 (2006) | |
| dc.identifier | doi:10.1016/j.physa.2005.06.098 | |
| dc.identifier.uri | http://salesiana.dossiersoluciones.com/handle/123456789/209013 | |
| dc.subject | Physics and Society | |
| dc.subject | General Finance | |
| dc.title | Is There a Real-Estate Bubble in the US? | |
| dc.type | text |