Hot and cold seasons in the housing market

By L. Ngai, Silvana Tenreyro, James Albrecht, Robert J. Barro, Francesco Caselli, Tom Cunningham, Morris A. Davis, Christian Julliard, Peter Katuscák, Nobuhiro Kiyotaki and 7 more. 2014

262 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/2407433f099501eb9c8dd35d6e5d0797d371b3ea

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Citations in the corpus

Housing Market Responses to Transaction Taxes: Evidence From Notches and Stimulus in the U.K (2018, background): “ReallyMoving (2012) estimates that other commissions and fees total £1,880 on average, and do not vary much with house value, so we scale this by the average value of houses bought in the range affected by the policy (£152,000).”
How Long Do Housing Cycles Last? A Duration Analysis for 19 OECD Countries (2011, background): “Since house prices display a high degree of within-year cyclicality (Ngai and Tenreyro, 2009), series are seasonally-adjusted.”
House Price Momentum and Strategic Complementarity (2018, methodology): “This section adapts a standard search model in the mold of Wheaton (1990), Krainer (2001), Novy-Marx (2009), Piazzesi and Schneider (2009), Genesove and Han (2012), Ngai and Tenreyro (2013), and Head et al.”
Housing, Finance and the Macroeconomy (2014, unknown): “In Ortalo-Magné and Prat (2013), households must pay rent where they work but they can invest in housing in every region, separating housing consumption from housing ownership.”
Temperature and Growth: A Panel Analysis of the United States (2016, unknown): “The real estate market is characterized by a “search-and-match” mechanism, a large part of which takes place outdoors, and many prospective home-buyers search for houses in the summer (Ngai and Tenreyro (2014)).”
HOUSE PRICES, SALES, AND TIME ON THE MARKET: A SEARCH-THEORETIC FRAMEWORK (2013, unknown): “A related line of work by Ngai and Tenreyro (2009) uses a search model to explain seasonal fluctuations in prices and transactions in the U.K. and the U.S. small negative correlation with the number of households that became mismatched in the previous period, as vacancies and durable expenditures…”
Housing markets in a pandemic: Evidence from historical outbreaks (2020, background): “As in modern housing markets (e.g Ngai and Tenreyro, 2014 ), housing market activity in Amsterdam was seasonal, with most activity taking place in Spring.”