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.
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Document Type: Research Article
Instituto Superior de Economia e Gestão, Technical University of Lisbon, Rua Miguel Lupi, 20, 1249-078 Lisbon, Portugal
School of Economics, Wuhan University of Technology, JianLake Campus, Luoshi Road 122 Wuhan, Hubei Province, China
Faculty of Economics and Business Administration, University of Navarra, Edificio Biblioteca, Entrada Este E-31080 Pamplona, Spain
Publication date: 2012-12-01
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