Article ID Journal Published Year Pages File Type
962755 Journal of Housing Economics 2012 14 Pages PDF
Abstract
► Transaction volume Granger causes price movements in the housing market. ► The response of prices to demand shocks is substantially slower than that of sales. ► The reaction speed of sales is faster than presented in the previous studies.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Empirical evidence on the reaction speeds of housing prices and sales to demand shocks
Authors
,