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eastern China, our empirical results from both parametric and nonparametric approaches provide strong evidence of spatial …
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In the U.S. real estate market, around 30 percent of listed properties remain unsold. We examine whether unsold property listings exert externalities in the housing market. Our study builds on a comprehensive dataset that encompasses residential property listings in Orange County (California)...
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transactions are new units. Using the booming market in China as an example, we evaluate and compare the performances of three most …-built housing markets and provide the first multi-city constant-quality house price index in China. The new index reveals that the …
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