1Verification evidence (Bank of Canada Staff Working Paper, no Crossref record; IDEAS/RePEc page fetched 2026-10-20)2URL: https://ideas.repec.org/p/bca/bocawp/12-3.html3Bibliographic line seen: Brian Peterson, 2012. "Fooled by Search: Housing Prices, Turnover and Bubbles," Staff Working Papers 12-3, Bank of Canada.4Content seen: search-friction model with behavioural (efficient-market) beliefs, estimated on US annual data 1995-2010; attributes >70% of 1995-2006 price rise relative to trend to the mechanism; NOT Canadian data.5Status: verified but EXCLUDED from lit_part_B.csv (US data, behavioural theory; not Canadian liquidity evidence).6