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Pricing in an Illiquid Real Estate Market

Paul Anglin and Robin Wiebe ()
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Robin Wiebe: Conference Board of Canada

Journal of Real Estate Research, 2013, vol. 35, issue 1, 83-102

Abstract: Using a repeat sales data set, this paper tests whether a single small seller can influence the selling price of their house. We find that this influence exists and, since the estimated magnitude of the effect is larger than expected, we verify the estimate using several supplementary tests.

JEL-codes: L85 (search for similar items in EconPapers)
Date: 2013
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More articles in Journal of Real Estate Research from American Real Estate Society American Real Estate Society Clemson University School of Business & Behavioral Science Department of Finance 401 Sirrine Hall Clemson, SC 29634-1323.
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Handle: RePEc:jre:issued:v:35:n:1:2013:p:83-102