Turnover as a Measure of Demand for Existing Homes

Changes in the turnover of existing homes are often equated with changes in housing demand, but it is not clear if, or why, this linkage exists. This paper documents the positive correlation between changes in turnover and changes in housing demand and develops a search model that explain the linkag...

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Veröffentlicht in:	Real estate economics 1996-12, Vol.24 (4), p.421-440
Hauptverfasser:	Berkovec, James A., Goodman Jr, John L.
Format:	Artikel
Sprache:	eng
Schlagworte:	Analysis Consumption Dependent variables Down payments Dwellings House construction Houses Housing Housing needs Housing prices Housing research Macroeconomics Real estate sales Supply and demand Variables
Online-Zugang:	Volltext
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