TY - CONF T1 - The Accuracy of Consensus Real Estate Forecasts Revisited T2 - 26th Annual European Real Estate Society Conference Y1 - 2019 A1 - Patrick McAllister A1 - Ilir Nase AB - Building on previous research evaluating the IPF Consensus Forecasts, this study updates and expands upon the existing body of work. The paper evaluates forecasting accuracy at the sector level and assesses the extent to which the consensus forecasts were able to predict the relative performance of each sector.  It also evaluates the performance of the implied yield forecasts and concludes that it is failure in yield forecasting that is the main source of failure in forecasts of capital growth and total returns. The ability of the consensus forecasts to identify the best and worst performing sectors was relatively good with a high level of agreement between the actual and forecasted sector rankings.  JA - 26th Annual European Real Estate Society Conference T3 - ERES: Conference CY - Cergy-Pontoise, France J1 - Conference: 2019 ID - oai:eres.id:eres2019_374 M3 - 10.15396/eres2019_374 ER -