Oil Now More Popular Than Real Estate
The Google Trends site is a useful tool to analyze the search habits and sentiment of internet users around the world. As a clear sign that the real estate bubble is dead and oil prices are now on everyone's mind, Google searches for "oil" have recently surpassed searches for "real estate." Google Trends now allows users to download the historical search data to a CSV file, so we have done that and created a historical chart of the two searches below. As shown, oil's runup in 2008 has moved searches for it higher, while searches for "real estate" have been in a downtrend since 2004.
Very interesting! I hear about google trends for the first time! Interesting, that search for "oil" was almost constant for most of the time, but "real estate" line creates very nice cycles, lasting for one year. Maybe google trends will be once more popular than usual stock trends...
Jay
Posted by: Richmond BC realtor | June 21, 2008 at 07:06 AM