Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/65797
Authors: 
Selcuk, Cemil
Year of Publication: 
2012
Series/Report no.: 
Cardiff Economics Working Papers E2012/1
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.
Subjects: 
housing
search
thin and thick markets
seasonality
JEL: 
D39
D49
D83
Document Type: 
Working Paper

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