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The Role of Forwarding-Looking Price Expectations Data published by the Royal Institution of Chartered Surveyors (RICS) in explaining and forecasting U.K. house prices.

dc.contributor.authorGareth Thomas, David
dc.contributor.authorBywaters, David
dc.date.accessioned2013-02-18T10:59:53Z
dc.date.available2013-02-18T10:59:53Z
dc.date.issued2011-12
dc.identifier.citationGareth Thomas , D & Bywaters , D 2011 , ' The Role of Forwarding-Looking Price Expectations Data published by the Royal Institution of Chartered Surveyors (RICS) in explaining and forecasting U.K. house prices. ' , Territorio Italia land Administration, Cadastre, Real Estate , no. 1 , pp. 77-86 .
dc.identifier.issn2240-7707
dc.identifier.otherPURE: 949564
dc.identifier.otherPURE UUID: dc183e68-1705-4a3f-85fc-af4127b664f8
dc.identifier.urihttp://hdl.handle.net/2299/10028
dc.description.abstractThe objective of this paper is to make use of the forward-looking price expectations data published by the RICS to explain and forecast U.K. house prices, three-months ahead. The Nationwide index is used to test the performance of the RICS Survey based on the process of bounded rationality. An S-shaped logistic effect is shown to fit the data, assumed to be account of a diffusion path of expectations from surveyors to other agents.en
dc.format.extent9
dc.language.isoeng
dc.relation.ispartofTerritorio Italia land Administration, Cadastre, Real Estate
dc.subjectHouse Prices, Expectations, Logistic, Forecasting
dc.titleThe Role of Forwarding-Looking Price Expectations Data published by the Royal Institution of Chartered Surveyors (RICS) in explaining and forecasting U.K. house prices.en
dc.contributor.institutionHertfordshire Business School
dc.contributor.institutionSocial Sciences, Arts & Humanities Research Institute
dc.contributor.institutionDepartment of Accounting, Finance and Economics
dc.contributor.institutionCentre for Research on Management, Economy and Society
dc.description.statusPeer reviewed
rioxxterms.typeJournal Article/Review
herts.preservation.rarelyaccessedtrue


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