Duration on the Housing Market: A Nonparametric Approach
This study examines the relationship between the time-on-the-market and the price of apartments on the housing market in Moscow. It is based on a data set including over 10 000 property objects during the time period January 2012 - October 2014. Only secondary proper-ty is considered. The problem of right-censoring is present in the sample, which means that it is not possible to use the duration d
