VIDEO – Most property forecasters have no idea – Simon Pressley

VIDEO – Most property forecasters have no idea – Simon Pressley

Property market forecasting is extremely difficult with dozens of variables to consider and then most forecasters who publish annual forecasts get it wrong a majority of times.  Just because the analyst is an economist, or a bank, doesn’t make their forecasts more reliable, in fact, their track records are among the worst.  Simon Pressley, Head of Property Market Research at Propertyology has just done the research on how often they are wrong and he shares his thoughts with us.

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Propertyology
simon@propertyology.com.au
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