Not logged in.
Quick Search - Contribution
Contribution Details
| Type | Master's Thesis |
| Scope | Discipline-based scholarship |
| Title | Determinants of Time on Market for Swiss Residential Real Estate |
| Organization Unit | |
| Authors |
|
| Supervisors |
|
| Language |
|
| Institution | University of Zurich |
| Faculty | Faculty of Business, Economics and Informatics |
| Number of Pages | 68 |
| Date | 2020 |
| Abstract Text | The present thesis aims at uncovering the determinants of time on market (TOM) for the Swiss home ownership market. More particularly, advertisement times for homes listed on homegate.ch, a leading digital real estate marketplace, are being studied. For this purpose, a two-stage regression approach is adapted, where a spatial hedonic model is estimated in the first and a TOM model in the second stage. Among other findings, results of this study suggest that TOM is significantly related to overpricing. On average, listing a home 10% above the market-adjusted listing price prolongs TOM by 2.1 days. |
| Export |
BibTeX
|