A Meta-Analysis of Selling Price and Time-on-the-Market
A Meta-Analysis of Selling Price and Time-on-the-Market
复制标题
销售价格和上市时间的元分析
DOI:
10.1080/10835547.2010.12092027
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发表时间:
2010
期刊:
影响因子:
--
通讯作者:
D. Macpherson
中科院分区:
文献类型:
--
作者:
G. Sirmans;Lynn MacDonald;D. Macpherson
Hedonic pricing models that include a variable measuring the number of days a property was on the market produce varied coefficients, with most being negative. This study uses meta-regression to examine the relationship between selling price and time-on-the-market (TOM) for residential properties. The meta-regression model tests whether the TOM coefficient is affected by the year of sale, income, model specification, and location. The results show that the TOM coefficient is sensitive to time of sale, income, size of the hedonic model, and model specification. The TOM coefficient is not sensitive to geographical location.