, most of the larger cities probably will expect an increase in demand for residential property. The situation for office … districts looks very different. Since the demand for office space is essentially determined by the size of the active workforce …, demographic change will hit the market for office space considerably harder. For example, in the scenario on which this study is …

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 …