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Are House Prices Nearing a Peak?: A Probit Analysis for 17 OECD Countries

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Organisation for Economic Co-operation and Development2026-04-11 收录
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https://www.oecd.org/en/publications/are-house-prices-nearing-a-peak_816770752416.html
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House prices have been moving up strongly in real terms since the mid-1990s in the majority of OECD countries, with the ongoing upswing the longest of its kind in the OECD area since the 1970s. If interest rates were to rise significantly, real house prices may be at risk of nearing a peak. The historical record suggests that the subsequent drops...
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