Eres : Digital Library : Works

Paper eres2012_082:
Examination of property forecasting models - accuracy and its improvement through combination forecasting

id eres2012_082
authors Arvydas Jadevicius, Brian Sloan and Andrew Brown
year 2012
title Examination of property forecasting models - accuracy and its improvement through combination forecasting
source 19th Annual European Real Estate Society Conference in Edinburgh, Scotland
summary This paper investigates property forecasting accuracy and its improvement. As it suggests, despite increased sophistication of property market modelling and forecasting, there still remains a degree of inaccuracy between model outputs and actual property market performance. Subsequently, the paper presents the principle of combination forecasting as a medium helping to achieve greater predictive accuracy. The research implements combination forecasting principle. It assesses whether combination forecasts from different forecasting techniques are better than single model outputs. It examines which of them - combination or single forecast - fits the UK property market better, and which of these options forecasts best.
series ERES:conference
type normal paper
email a.jadevicius@napier.ac.uk
content file.pdf (587,473 bytes)
discussion No discussions. Post discussion ...
ratings
session Parallel Session A1
last changed 2014/10/21 21:51
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