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Can Google search data be used as a housing bubble indicator?

Among all of the keywords and indices tested, the Google search volume for “Housing Bubble” and “Real Estate Agent”, and a constructed index that contains the twelve best-performing search terms score the highest at both detecting bubbles and not erroneously detecting non-bubble states as bubbles.

Google searches for 'housing bubble' have been spiking since March

Is another housing bubble knocking on the door for 2022?

Yale Sterling Professor and Nobel prize-winning economist Robert Shiller discussed the housing market and real estate prices. He said that things are getting more expensive if you’re trying to buy a house.

And it’s numerous consecutive months of accelerating prices, especially here in the Boston condo for sale market.

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