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dc.contributor.authorTucker, Catherine Elizabeth
dc.contributor.authorZhang, Juanjuan
dc.contributor.authorZhu, Ting
dc.date.accessioned2014-07-01T14:27:06Z
dc.date.available2014-07-01T14:27:06Z
dc.date.issued2013-06
dc.date.submitted2012-03
dc.identifier.issn07416261
dc.identifier.issn1756-2171
dc.identifier.urihttp://hdl.handle.net/1721.1/88161
dc.description.abstractIn 2006, Massachusetts adopted a new policy that prohibits home sellers from resetting their properties’ days on market through relisting. Massachusetts homes exposed to the policy change experienced a $16,000 reduction in sale price relative to Rhode Island homes. Slow-moving homes suffered a greater reduction, but newer listings only had a small increase in sale price. One reason is that some buyers were unaware of sellers’ manipulation of days on market and thus unable to recognize authentically new listings. Sellers reacted to the new policy by cutting listing prices, although in towns where listing price history was transparent, sellers raised listing prices to dampen the stigma of slow sales.en_US
dc.description.sponsorshipNET Instituteen_US
dc.language.isoen_US
dc.publisherJohn Wiley & Sons, Incen_US
dc.relation.isversionofhttp://dx.doi.org/10.1111/1756-2171.12022en_US
dc.rightsCreative Commons Attribution-Noncommercial-Share Alikeen_US
dc.rights.urihttp://creativecommons.org/licenses/by-nc-sa/4.0/en_US
dc.sourceSSRNen_US
dc.titleDays on market and home salesen_US
dc.typeArticleen_US
dc.identifier.citationTucker, Catherine, Juanjuan Zhang, and Ting Zhu. “Days on Market and Home Sales.” The RAND Journal of Economics 44, no. 2 (June 2013): 337–360.en_US
dc.contributor.departmentSloan School of Managementen_US
dc.contributor.mitauthorTucker, Catherine Elizabethen_US
dc.contributor.mitauthorZhang, Juanjuanen_US
dc.relation.journalRAND Journal of Economicsen_US
dc.eprint.versionAuthor's final manuscripten_US
dc.type.urihttp://purl.org/eprint/type/JournalArticleen_US
eprint.statushttp://purl.org/eprint/status/PeerRevieweden_US
dspace.orderedauthorsTucker, Catherine; Zhang, Juanjuan; Zhu, Tingen_US
dc.identifier.orcidhttps://orcid.org/0000-0002-1635-3797
dc.identifier.orcidhttps://orcid.org/0000-0002-1847-4832
mit.licenseOPEN_ACCESS_POLICYen_US
mit.metadata.statusComplete


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