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A rational real estate market is not only helpful to people's living standards but also beneficial to countries\u2019 macroeconomic stability. Is Chinese real estate market rational? This paper attempts to study the efficiency of Chinese real estate market by using the complexity-entropy binary causal plane method. We firstly discuss the formation mechanism of real estate price, which provides a theoretical basis for testing the efficiency, and compute the real estate market efficiency of 70 main Chinese cities. The results show that neither the whole market nor the main cities have reached the weak efficiency, and the efficiency and complexity of each city are different, and the relationship between them is significantly negative. In addition, this paper also compares the efficiency and complexity of Chinese real estate market with American real estate market. Then, some suggestions for the healthy development of Chinese real estate market in the future are put forward.<\/jats:p>","DOI":"10.1155\/2020\/2791352","type":"journal-article","created":{"date-parts":[[2020,1,13]],"date-time":"2020-01-13T18:31:11Z","timestamp":1578940271000},"page":"1-15","source":"Crossref","is-referenced-by-count":2,"title":["Efficiency of Chinese Real Estate Market Based on Complexity-Entropy Binary Causal Plane Method"],"prefix":"10.1155","volume":"2020","author":[{"given":"Yan","family":"Chen","sequence":"first","affiliation":[{"name":"School of Mathematics and Statistics, Central China Normal University, Wuhan 430079, China"}]},{"given":"Ya","family":"Cai","sequence":"additional","affiliation":[{"name":"School of Economics and Business Administration, Financial Engineering Research Center, Central China Normal University, Wuhan 430079, 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