Wouters, Mats (2022) "The association between energy efficiency and time on the housing market in Limburg and Hainaut, Belgium". Master thesis.
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Abstract
Higher houses prices lead to longer time on the market. However, the relationship between time on the market and energy efficiency has not been addressed extensively. What is the association between time on the market and energy efficiency? Is there a difference in time on the market between Limburg and Hainaut? This research examines the effect of energy efficiency on time on the market. We use data from 2019-2022Q1 of Limburg and Hainaut, two provinces in Belgium. Time on the market, is the measurement of market liquidity which is the number of days a house stays on the market. We use two measurements of energy efficiency which are, energy label and EPC values. While controlling for other building characteristics, we find that houses with low energy efficiency have a shorter time on the market compared to houses with high energy efficiency. Furthermore, houses built between 1941-1960 have the shortest time on the market compared to other building categories. Both energy label and EPC values have a significant negative effect on the time on the housing market in Belgium.
| Item Type: | Thesis (Master) |
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| Degree programme: | Real Estate Studies |
| Supervisor: | Vlist, A.J. van der |
| Date Deposited: | 31 Aug 2022 10:29 |
| Last Modified: | 31 Aug 2022 10:29 |
| URI: | https://frw.studenttheses.ub.rug.nl/id/eprint/4010 |
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