16-008/IV - What causes the Positive Price-Turnover Correlation in European Housing Markets?

• Authors
  Martijn I. Dröes, University of Amsterdam, and Amsterdam School of Real Estate, the Netherlands; Marc K. Francke, Amsterdam School of Real Estate, the Netherlands
• Publication date
  February 4, 2016

• Keywords
  price-turnover relationship; feedback; momentum effects; credit constraints; nominal loss aversion
• JEL
  E02, R31, O18