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Title:Seasonal cycles in the housing market PDF Logo
Authors:Selcuk, Cemil
Issue Date: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
Appears in Collections:Cardiff Economics Working Papers, Cardiff Business School, Cardiff University

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