Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/202474
Authors: 
Rodríguez-Zamora, Carolina
Morales Ramírez, Alejandro
Year of Publication: 
2018
Series/Report no.: 
Working Papers 2018-08
Abstract (Translated): 
In this article we study the market duration of new housing built by developers in Mexico between 2013 and 2015. In particular, this document discusses whether the physical characteristics of housing, state of location, date put on sale, time of construction, the initial price and the size of the developer have any effect on the duration of new houses in the market. We use a survival analysis Cox model. The most important results indicate that the probability of a new house being sold between t and t+1 (hazard rate) decreases with time and, in general, is lower for units of larger size, those that took much time on the construction process, and those constructed by small developers.
Subjects: 
Duration
housing
time-on-the-market
Mexico
JEL: 
R21
R31
C41
Document Type: 
Working Paper
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