IDEAS home Printed from https://ideas.repec.org/a/taf/rjerxx/v35y2013i3p283-312.html
   My bibliography  Save this article

Forecasting Residential Real Estate Price Changes from Online Search Activity

Author

Listed:
  • Eli Beracha
  • M. Babajide Wintoki

Abstract

The intention of buying a home is revealed by many potential home buyers when they turn to the Internet to search for their future residence. This paper examines the extent to which future cross-sectional differences in home price changes are predicted by online search intensity in prior periods. Our findings are economically meaningful and suggest that abnormal search intensity for real estate in a particular city can help predict the city's future abnormal housing price change. On average, cities associated with abnormally high real estate search intensity consistently outperform cities with abnormally low real estate search volume by as much as 8.5% over a two-year period.

Suggested Citation

  • Eli Beracha & M. Babajide Wintoki, 2013. "Forecasting Residential Real Estate Price Changes from Online Search Activity," Journal of Real Estate Research, Taylor & Francis Journals, vol. 35(3), pages 283-312, January.
    • Handle: RePEc:taf:rjerxx:v:35:y:2013:i:3:p:283-312
    DOI: 10.1080/10835547.2013.12091364
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/10835547.2013.12091364
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/10835547.2013.12091364?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:rjerxx:v:35:y:2013:i:3:p:283-312. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rjer20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.