Sequential sales of similar assets : the law of one price and real estate

Auteurs :
MUNNEKE, H.
OOI, J.T.L.
SIRMANS, C.F.
TURNBULL, G.K.

Description :
The paper examines price evolution in the condominium market in Singapore where similar units are sold sequentially in a setting with minimum consumption risk. The results indicate no pervasive sequence-price relationship for sequential sales of similar property units.


Type de document :
Article de périodique

Source :
Journal of regional science, issn : 0022-4146, 2011, vol. 51, n°. 2, p. 355-370, nombre de pages : 16, Références bibliographiques : 20 ref.

Date :
2011

Editeur :
Pays édition : Etats-Unis, Amherst, MA, Regional Science Research Institute