This paper tests the random walk hypothesis and market efficiency for twelve emerging as well as for four developed securitized real estate markets from 1992 to 2009. Random walk properties of equity prices influence return dynamics, and market efficiency is often considered an essential...

Real Estate Exchange as to widen the scope of market, facilitate easy trading to avoid wide fluctuations in the market. The exchange would also enable price discovery through efficient allocation and distribution of resources. Real Estate exchange is the need of the hour. It would widen the...

This study provides evidence of informational efficiency in the housing market, where prices fully incorporate available information. We use Amazon's progressive disclosure of its new headquarters locations in Virginia and New York to distinguish changes in the public's knowledge. Using a...