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Seasonal cycles in the housing market

Selcuk, Cemil ORCID: https://orcid.org/0000-0002-2267-604X 2012. Seasonal cycles in the housing market. [Working Paper]. MPRA, vol. 36225. Munich: University Library of Munich, Germany. Available at: http://ideas.repec.org/p/pra/mprapa/36225.html

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Abstract

The housing market exhibits a puzzling yet repetitive seasonal boom and bust cycle where prices and trade volume rise in summers and fall in winters. This paper presents a search model that analytically generates the observed deterministic cycle.

Item Type: Monograph (Working Paper)
Date Type: Publication
Status: Unpublished
Schools: Business (Including Economics)
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
H Social Sciences > HF Commerce
H Social Sciences > HG Finance
Uncontrolled Keywords: Housing; search; thin and thick markets; seasonality.
Publisher: University Library of Munich, Germany
Last Modified: 20 Oct 2022 08:48
URI: https://orca.cardiff.ac.uk/id/eprint/29693

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