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Housing Sales In Urban Beijing

Author

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  • Luis Alberiko Gil-Alana

    (Faculty of Economics - Universidad de Navarra)

  • Carlos Pestana Barros

    (Instituto Superior de Economia e Gestão - Technical University of Lisbon)

Abstract

In the housing market, new properties sometimes experience delays before they are sold. Such delays reflect buyers' preferences with regard to the characteristics of the properties. Therefore, it is important for managerial purposes to identify the causes of these housing sales delays. After analyzing 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 ways of reducing the delays, are discussed.

Suggested Citation

  • Luis Alberiko Gil-Alana & Carlos Pestana Barros, 2011. "Housing Sales In Urban Beijing," Post-Print hal-00719480, HAL.
    • Handle: RePEc:hal:journl:hal-00719480
    DOI: 10.1080/00036846.2011.591736
    Note: View the original document on HAL open archive server: https://hal.science/hal-00719480
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    1. Morales Ramírez Alejandro & Rodríguez-Zamora Carolina, 2018. "The Duration in the Market of New Housing in Mexico," Working Papers 2018-08, Banco de México.

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