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Nowcasting the real estate market with news articles and Internet search data

Jun. 2013

by Tomohiko Taniyama

Because real estate market data are released with a lag, real estate investors are prone to misread current market trends as a result of being influenced by the market's rapidly changing mood. By utilizing real-time data such as news articles and Internet search data, investors can predict the present of the real estate market by quantifying market sentiment and interest in real estate.

*Organization names and job titles are current as of the publishing dates

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Author's Profile

Tomohiko Taniyama

Ph.D. in Economics and Senior Consultant,
Digital Business Development Department