Moody’s Analytics earns a fourth Crystal Ball award for accuracy of home price forecasts
NEWS | For Immediate Release
WEST CHESTER, PENNSYLVANIA, April 20, 2017 - Moody’s Analytics, a leading provider of economic analysis, announced today that it has received a Crystal Ball award for the accuracy of its US home price forecasts.
The Crystal Ball award is given annually by Pulsenomics®, an independent economics research and consulting firm. The award recognizes the most accurate forecasts from among the more than 100 economists, investment strategists, and housing market analysts who take part in the Zillow® Home Price Expectations Survey, a five-year forecast of US home prices.
This year’s award recognizes Moody’s Analytics for its 2012 US home price forecasts, which proved the most accurate for both two-year (2015 – 2016) and three-year (2014 – 2016) time periods.
Andres Carbacho-Burgos and Mark Zandi of Moody's Analytics
Moody’s Analytics has won four Crystal Ball awards since the rankings began in 2010.
“We’re honored to receive this award for the accuracy of our forecasts,” said Andres Carbacho-Burgos, Director-Economic Research, who leads the team responsible for Moody’s Analytics’ housing forecasts. “Our clients depend on our high-quality, consistent, and transparent analyses to provide the insights they need to manage their businesses.”
Moody’s Analytics forecasts US house prices on a monthly basis under baseline and multiple-stress scenarios. In addition, it produces forecasts covering national and regional economies as well as various asset classes.
“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. “Earning one of our coveted Crystal Ball awards has, in turn, become that much more challenging. Pulsenomics is pleased to honor the outstanding performance of Moody’s Analytics.”
Click here to view the full list of Pulsenomics Crystal Ball Award recipients.
Click here to visit the Moody’s Analytics website.
About Moody’s Analytics
Moody’s Analytics helps capital markets and risk management professionals worldwide respond to an evolving marketplace with confidence. The company offers unique tools and best practices for measuring and managing risk through expertise and experience in credit analysis, economic research, and financial risk management. By providing leading-edge software, advisory services, and research, including the proprietary analysis of Moody’s Investors Service, Moody’s Analytics integrates and customizes its offerings to address specific business challenges. Moody's Analytics is a subsidiary of Moody's Corporation (NYSE: MCO), which reported revenue of $3.6 billion in 2016, employs approximately 10,600 people worldwide and maintains a presence in 36 countries. Further information is available at moodysanalytics.com.
Pulsenomics LLC (Pulsenomics®) is an independent economics research and consulting firm that delivers product strategy and marketing solutions for corporate and institutional clients. We possess special expertise in the U.S. housing and capital markets, and in data analytics and exchange-traded financial products. Pulsenomics also conducts primary research via scientific household surveys and expert survey panels, and develops authoritative indexes that provide unique insight concerning the economy.
Pulsenomics® is a registered trademark of Pulsenomics LLC.