This paper presents a first view on the effects of COVID-19 and subsequent shutdown and re-opening orders on residential real estate markets. We use micro-level data on property transactions from a large number of multiple listing services and find moderate aggregate pricing effects in the...

This paper presents a methodology to develop a bargaining index that measures the relative bargaining strength of sellers and buyers over time and across markets. We use listing and transaction data from across the US to estimate regressions with the log transformation of the ratio of the sale...