Pierdzioch, Christian; Ruelke, Jan-Christoph; … - 2012
Recent price trends in housing markets may reflect herding of market participants. A natural question is whether such … herding, to the extent that it occurred, reflects herding in forecasts of professional forecasters. Using survey data for … Canada, Japan, and the United States, we did not find evidence of forecaster herding. On the contrary, forecasters anti …
