Moody’s Analytics in West Chester Awarded Crystal Ball for Accuracy of Home-Price Forecasting

By
Andres Carbacho-Burgos, left, Moody’s Director of Economic Research, and Chief Economist Mark Zandi.

As the leading economic analysis provider, Moody’s Analytics in West Chester has been awarded its fourth Crystal Ball award for the accuracy of its home-price forecasting.

The independent economics research and consulting firm Pulsenomics annually awards the Crystal Ball. It recognizes the most accurate forecasts from more than 100 economists, investment strategists, and housing market analysts who complete the Zillow Home Price Expectations Survey.

The award for this year recognized Moody’s Analytics for its 2012 home price forecasts across the U.S. Its forecasts proved to be the most accurate for both the two-year period covering 2015 and 2016 and the three-year period from 2014 to 2016.


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“We’re honored to receive this award for the accuracy of our forecasts,” said Andres Carbacho-Burgos, Moody’s Director of Economic Research.

Carbacho-Burgos, who leads the team responsible for housing forecasts at Moody’s Analytics, added that clients depend on Moody’s high-quality, consistent, and transparent analysis for the insight required to successfully manage their business.

Moody’s Analytics forecasts house prices across the country on a monthly basis using both under-baseline and multiple-stress scenarios.

“Well-calibrated housing sector forecasts are more important than ever, as more than a decade of volatility in housing markets makes clear,” said Terry Loebs, Founder of Pulsenomics.

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