U.S. House Prices by Census Division: Persistence, Trends and Structural Breaks

International Advances in Economic Research · 2023 · PMC10026229

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a negative trendno p-value reported

Very similar results were obtained for New England, though now mean reversion (i.e., significant evidence of d smaller than one) was found for the third and four subsamples (December 2005—January 2012, February 2012—May 2020) and a negative trend for the third subsample (December 2005—January 2012).

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