improving the forecasts, given the local nature of the real-estate markets. The forecast accuracy of different predictors is … sample size, the combinations of individual forecast do not improve the forecast accuracy. On average, the forecast …

the forecasts, given the local nature of real-estate markets. The forecast accuracy of different predictors is tested in a … confidence at the national level, consumer confidence, and price-to-rent ratios. Even better forecast precision can be achieved … by combining individual forecasts. On average, the forecast improvements attain about 20%, measured by reduction in RMSFE …

approach is based on combination of the Cumulated Sum of Squared Forecast Error Differential (CSSFED) suggested earlier in …