House Prices Surpass Housing-Bubble Peak on One Key Measure of Value
William Emmons
On the Economy from Federal Reserve Bank of St. Louis
Abstract:
An index measuring the ratio of house price to rent has risen to its highest level since 1975. The previous peak occurred during the housing bubble.
Keywords: house prices; house price-to-rent ratio (search for similar items in EconPapers)
Date: 2021-05-24
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00001:93985
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