Housing sales in urban Beijing

Carlos Barros, Zhongfei Chen and Luis Gil-Alana

Applied Economics, 2012, vol. 44, issue 34, 4495-4504

Abstract: In the housing market, new properties sometimes experience delays before they are sold. Such delays reflect the preferences of buyers in respect of the homes' characteristics. Therefore, it is important for managerial purposes to identify the causes of housing sales delays. After analysing the delays in sales of housing in Beijing City, China, the principal finding of this study is that delays are largely explained by the dwellings' characteristics and location. Policy implications of the research findings, particularly those related to means of reducing the delays, are discussed.

Date: 2012
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Working Paper: HOUSING SALES IN URBAN BEIJING (2011)
Working Paper: Housing Sales in Urban Beijing (2011)
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DOI: 10.1080/00036846.2011.591736

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