I use daily data from fifty major cities to investigate the early effects of the COVID-19 pandemic on housing market in the United States. I find that starting from the second half of March, 2020, new home listings and pending home sales started to decrease. By mid-April, certain markets...

Beside the specific object attributes, location is the fundamental determinant for real estate. But how important is location within a city? Contrary to popular belief our results suggest that this parameter explains only a small proportion of price variation, whereas object attributes are...