House price seasonality, market activity, and the December discount
| dc.contributor.author | Røed Larsen, Erling | |
| dc.date.accessioned | 2024-08-05T10:34:39Z | |
| dc.date.available | 2024-08-05T10:34:39Z | |
| dc.date.created | 2023-12-13T08:25:59Z | |
| dc.date.issued | 2023 | |
| dc.identifier.citation | Real Estate Economics. 2023, . | en_US |
| dc.identifier.issn | 1080-8620 | |
| dc.identifier.uri | https://hdl.handle.net/11250/3144404 | |
| dc.description.abstract | In Norway, house prices tend to drop in December. This regularity is persistent across regions and over time. I exploit a transaction data set with high temporal granularity to document and estimate the size of the December discount. I control for a composition effect using a hedonic model and I control for unobserved heterogeneity by using repeat sales and involving ask prices and appraisal values. By segmenting into submarkets, I search for determinants of price seasonality. The evidence suggests that the December effect is linked to time-on-market for each unit and transaction volumes within each submarkets. | en_US |
| dc.description.abstract | House price seasonality, market activity, and the December discount | en_US |
| dc.language.iso | eng | en_US |
| dc.publisher | WIley | en_US |
| dc.rights | Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal | * |
| dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/4.0/deed.no | * |
| dc.subject | December discount | en_US |
| dc.subject | housing market | en_US |
| dc.subject | seasonality | en_US |
| dc.subject | time-on-market | en_US |
| dc.title | House price seasonality, market activity, and the December discount | en_US |
| dc.title.alternative | House price seasonality, market activity, and the December discount | en_US |
| dc.type | Peer reviewed | en_US |
| dc.type | Journal article | en_US |
| dc.description.version | publishedVersion | en_US |
| dc.source.pagenumber | 0 | en_US |
| dc.source.volume | 51 | en_US |
| dc.source.journal | Real Estate Economics | en_US |
| dc.source.issue | 1 | en_US |
| dc.identifier.doi | 10.1111/1540-6229.12463 | |
| dc.identifier.cristin | 2212690 | |
| cristin.ispublished | true | |
| cristin.fulltext | original | |
| cristin.qualitycode | 1 |
Tilhørende fil(er)
Denne innførselen finnes i følgende samling(er)
Med mindre annet er angitt, så er denne innførselen lisensiert som Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal