Research Article

Efficiency of Chinese Real Estate Market Based on Complexity-Entropy Binary Causal Plane Method

Table 3

Top 10 cities in four extreme cases in Chinese market.

FeaturesCities

Top 10 cities with the most efficient real estate marketsTangshan (0.9104), Kunming (0.8913), Nanchong (0.8833), Shao guan (0.8747), Quanzhou (0.8746), Hefei (0.8691), Haikou (0.8675), Guilin (0.8614), Zunyi (0.8545), and Dandong (0.8522)

Top 10 cities with the least complex real estate marketsTangshan (0.1030), Kunming (0.1174), Nanchong (0.1316), Hefei (0.1357), Quanzhou (0.1379), Shao guan (0.1439), Haikou (0.1447), Guilin (0.1460), Zunyi (0.1511), and Dandong (0.1526)

Top 10 cities with the least efficient real estate marketsShenzhen (0.5906), Yueyang (0.6415), Beijing (0.6420), Beihai (0.6437), Guangzhou (0.6831), Shanghai (0.6951), Yantai (0.6968), Xuzhou (0.6992), Jining (0.7180), and Xiamen (0.7203)

Top 10 cities with the most complex real estate marketsBeihai (0.2735), Shenzhen (0.2715), Beijing (0.2635), Xuzhou (0.2567), Yueyang (0.2557), Huizhou (0.2532), Yantai (0.2473), Wuhan (0.2424), Guangzhou (0.2421), and Jinan (0.2413)