Housing sales in urban Beijing
Source: Applied Economics, Volume 44, Number 34, 1 December 2012 , pp. 4495-4504(10)
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.
Document Type: Research Article
Affiliations: 1: Instituto Superior de Economia e Gestão, Technical University of Lisbon, Rua Miguel Lupi, 20, 1249-078Lisbon, Portugal 2: School of Economics,Wuhan University of Technology, JianLake Campus, Luoshi Road 122WuhanHubei Province, China 3: Faculty of Economics and Business Administration, University of Navarra, Edificio Biblioteca, Entrada EsteE-31080 Pamplona, Spain
Publication date: 1 December 2012