Report from Asia: The good, bad and questionable of real estate forecasting

An International Monetary Fund analysis found economic forecasters predicted only five of 153 recessions from 1992–2014. Did real estate forecasts fare any better? Are such forecasts of value during an era of long-term real estate commitments? Does statistical modeling work, or is more or better data needed? And has the pandemic changed forecasting for years to come? Our guest, JLL executive David Rees, tackles the full range of those topics. (11/2020)