An, Zhiyong; Cheng, Ping; Lin, Zhenguo; Liu, Yingchun - In: Journal of Housing Economics 22 (2013) 3, pp. 250-263
Empirical evidence on the relationship between real estate price and selling time (time-on-market (TOM)) is mixed as to whether the price-TOM relationship is positive or negative. Competing theories also suggest opposite predictions about TOM’s impact on selling price. The article examines the...