Add to ORKGGiven the significance of forecasting in real estate investment decisions, this paper investigates forecast uncertainty and disagreement in real estate market forecasts. Using the Investment Property Forum (IPF) quarterly survey amongst UK independent real estate forecasters, these real estate forecasts are compared with actual real estate performance to assess a number of real estate forecasting issues in the UK over 1999-2004, including real estate forecast error, bias and consensus. The results suggest that real estate forecasts are biased, less volatile compared to market returns and inefficient in that forecast errors tend to persist. The strongest finding is that real estate forecasters display the characteristics associated with ...
The objective of this research was to assess whether forward returns implied by real estate derivati...
Whilst the vast majority of the research on property market forecasting has concentrated on statisti...
This article introduces a new source of survey data, namely the Bank of England Survey of External F...
Given the significance of forecasting in real estate investment decisions, this paper investigates f...
Given the significance of forecasting in real estate investment decisions, this paper investigates f...
Property forecasts are an integral part of the property investment process at the strategic, tactica...
This study examines the rationality and momentum in forecasts for rental, capital value and total re...
This paper uses data provided by three major real estate advisory firms to investigate the level and...
We compare and contrast the accuracy and uncertainty in forecasts of rents with those for a variety ...
This study updates and expands upon the existing work on the accuracy of the IPF’s Consensus Forecas...
In this paper we investigate the role of judgement in the formation of forecasts in commercial real ...
Existing empirical evidence has frequently observed that professional forecasters are conservative a...
expert judgement, international perspectives Property forecasting is an important component within a...
Property market forecasts play a crucial role in modern real estate valuation methodologies and, con...
In light of the financial and property crisis of 2007-2013 it is difficult to ignore the existence o...
The objective of this research was to assess whether forward returns implied by real estate derivati...
Whilst the vast majority of the research on property market forecasting has concentrated on statisti...
This article introduces a new source of survey data, namely the Bank of England Survey of External F...
Given the significance of forecasting in real estate investment decisions, this paper investigates f...
Given the significance of forecasting in real estate investment decisions, this paper investigates f...
Property forecasts are an integral part of the property investment process at the strategic, tactica...
This study examines the rationality and momentum in forecasts for rental, capital value and total re...
This paper uses data provided by three major real estate advisory firms to investigate the level and...
We compare and contrast the accuracy and uncertainty in forecasts of rents with those for a variety ...
This study updates and expands upon the existing work on the accuracy of the IPF’s Consensus Forecas...
In this paper we investigate the role of judgement in the formation of forecasts in commercial real ...
Existing empirical evidence has frequently observed that professional forecasters are conservative a...
expert judgement, international perspectives Property forecasting is an important component within a...
Property market forecasts play a crucial role in modern real estate valuation methodologies and, con...
In light of the financial and property crisis of 2007-2013 it is difficult to ignore the existence o...
The objective of this research was to assess whether forward returns implied by real estate derivati...
Whilst the vast majority of the research on property market forecasting has concentrated on statisti...
This article introduces a new source of survey data, namely the Bank of England Survey of External F...