Researchers and practitioners in the real estate industry use the academic papers in journals to acquire information about new developments in the field. Some papers are more difficult to understand that others and may not be effective if the reader is unable to completely comprehend the contents. Thus, the readability of academic papers has a major effect on how well the reader is informed by the articles appearing in the journal. However, very little information is available regarding the readability of real estate journals. The purpose of this paper is to present the results of a study that analysed the readability and comprehension of academic papers in one such journal, the Journal of Property Investment and Finance (JPIF) using the Flesch-Kincaid indexes.