Showing 1 - 10 of 601
-of-sample forecasting exercise, we find that both pooling and accounting for spatial effects helps to substantially improve the forecast …
Persistent link: https://www.econbiz.de/10009579231
improving the forecasts, given the local nature of the real-estate markets. The forecast accuracy of different predictors is … useful, namely the business confidence at the national level, consumer confidence, and price-to-rent ratios. Given the short … sample size, the combinations of individual forecast do not improve the forecast accuracy. On average, the forecast …
Persistent link: https://www.econbiz.de/10010238830
In this paper, we evaluate the forecasting ability of 145 indicators and ten types of forecast combination schemes to … facilitate substantial improvements of the forecasts, given the local nature of the real-estate markets. The forecast accuracy of … that are especially useful, namely price-to-rent ratios, the business confidence at the national level, and consumer …
Persistent link: https://www.econbiz.de/10010482020
Persistent link: https://www.econbiz.de/10011820094
improving the forecasts, given the local nature of the real-estate markets. The forecast accuracy of different predictors is … useful, namely the business confidence at the national level, consumer confidence, and price-to-rent ratios. Given the short … sample size, the combinations of individual forecast do not improve the forecast accuracy. On average, the forecast …
Persistent link: https://www.econbiz.de/10014148833
to rents, we find strong evidence that price-rent ratios and lagged changes in house prices forecast changes in rents …Variation in monthly metropolitan area house prices unrelated to future rents clouds forecasts of rents from price-rent … by measuring rent growth regression variables net of their monthly cross-section (across area) means. Similarly …
Persistent link: https://www.econbiz.de/10013404208
Persistent link: https://www.econbiz.de/10014294842
confidence at the national level, consumer confidence, and price-to-rent ratios. Even better forecast precision can be achieved … reductions. Since the end of 2010, after more than a decade of falling real housing prices, strong rent and especially price … hand, the tenants that constitute a majority of German population are afraid of substantial rent increases that will erode …
Persistent link: https://www.econbiz.de/10011505867
This book provides a comprehensive analysis of housing theory and policy with a focus on metropolitan regions. The results are based on case studies of twelve European metropolitan regions, including expert panels organized in each. Using an approach from the field of industrial economics, the...
Persistent link: https://www.econbiz.de/10013520752
Persistent link: https://www.econbiz.de/10003408638