In housing markets there is a positive correlation between, Ask an Expert

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In housing markets, there is a positive correlation between prices and trading volume. When there is a housing boom, many houses sell at, or even above, the prices asked by sellers. In times of bust, homes sit on the market for a long time with asking prices that exceed the prices that can reasonably be expected. How can this be explained?

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Financial Management, Finance

Category:- Financial Management
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