This study analyzes the effect of foreclosure status on residential property price using Hong Kong data. Results of previous studies on the effect of foreclosure status on property price have been mixed. Some suggested that foreclosed properties are sold at a discount, while others provided...

In timing property listings, real estate developers can exercise the “option to wait” or “option to presale” to mitigate price uncertainty risk. In this study, we proposed a theoretical model to study the effectiveness of both strategies under a unified framework. We tested our model...