Cohen, Jeffrey P.; Coughlin, Cletus C.; Lopez, David A. - In: Review (2012) Sep, pp. 341-368
This paper summarizes changes in housing prices during the recent U.S. boom and bust from various geographic … and has fallen by roughly a third subsequently. During the boom, housing prices tended to rise much faster in metropolitan … areas have experienced real declines in housing prices from the start of the boom to the present. Although lower …