The Impact of Auctions on Residential Sale Prices : Australian Evidence
This study re-examines the variation in selling prices between the auction and private treaty method of sales.Using sales data from five major Australian capital cities over a four year period, we estimate a hedonic pricingmodel. Results indicate that for house sales, auctions lead to greater sellin...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
University of Wollongong
2010-09-01
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| Series: | Australasian Accounting, Business and Finance Journal |
| Subjects: | |
| Online Access: | http://ro.uow.edu.au/aabfj/vol4/iss3/2 |