New index to predict prices

New index to predict prices - 2002 - Estates Gazette (0203) 19 January 2002, 38(1) .

A new index has been created by property analysts and statisticians who claim it can predict future house prices. It uses computer models that predict future activity based on variations in economic and social trends. This has the advantage of predicting periodic crises in the market and producing estimates of long term value.


NATIONWIDE BUILDING SOCIETY
HALIFAX BUILDING SOCIETY
HOUSE PRICE MEASUREMENT
HOUSE PRICE INDICES
PROPERTY ANALYSTS
STATISTICS