Pricing in an Illiquid Real Estate Market

20 Pages Posted: 21 Mar 2013

See all articles by Paul Anglin

Paul Anglin

University of Guelph

Robin Wiebe

Conference Board of Canada

Abstract

Using a repeat sales data set, this paper examines whether a single small seller can influence the selling price of their house. We find that this influence exists and, since the estimated magnitude of the effect is larger than expected, we verify the estimate using several supplementary tests.

Keywords: repeat sales, selling price

Suggested Citation

Anglin, Paul and Wiebe, Robin, Pricing in an Illiquid Real Estate Market. Journal of Real Estate Research, Vol. 35, No. 1, 2013, Available at SSRN: https://ssrn.com/abstract=2236272

Paul Anglin (Contact Author)

University of Guelph ( email )

Guelph, Ontario
Canada

Robin Wiebe

Conference Board of Canada ( email )

1280 Main Street West (MGD 225)
Hamilton, Ontario L8S 4M4
Canada

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