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Consensus Indicator

Published quarterly

Welcome to the INREV Consensus Indicator, a new diffusion index designed to measure the direction of trends in the European non-listed real estate market. Our goal is to provide the market with timely quarterly insights into the dynamics of current and anticipated conditions in economy, investment, leasing and operations, development, and new lending. Positioned to become the leading indicator for European non-listed real estate.  

About 

The Consensus Indicator comprises a headline and five sub-indicators, summarising whether market conditions are expanding, staying the same, or contracting.  

Ranging from 0 to 100, the Consensus Indicator offers clear interpretations:  

  • a Consensus Indicator exceeding 50 signals growth; 
  • a reading of 50 denotes no change;  
  • a reading below 50 indicates contraction; 
  • the further the results are from the 50 mark, the greater the level of change. 

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INREV Consensus Indicator

Published on 03 Dec 2024

Latest highlights
Columns

The December INREV Consensus Indicator stood at 57.8, marking a fourth consecutive quarterly improvement since surpassing the 50 mark in March 2024

Key highlights include:

  • At 57.8, the latest results set a new all-time high since we started to track the market consensus in March 2023.
  • For the first time, three of the five subindicators surpassed the 60 mark. At 63.3, the investment liquidity subindicator maintained the lead for the second consecutive quarter.
  • The economic subindicator fell to 47.4, marking a notable slide from 58.6 in September, falling below the 50 ‘growth’ mark for the first time since December 2023. This sharp deterioration highlights that the downside risks remain.

Intrigued to learn more? For a quarterly overview of what is happening in the evolving non-listed real estate investment industry at a European and at a global level visit our Market Insights page.  

 
In the press
20 Sep 2024 - Institutional Real Estate
With a headline reading of 55.8, the latest INREV Consensus Indicator, confirms the much-anticipated recovery for the European non-listed real estate.
18 Sep 2024 - EG
Investors in non-listed real estate across Europe are seeing the start of a recovery, according to the latest figures from INREV.
19 Jun 2024 - Property EU
Iryna Plylypchuk, director of research and market information at INREV, has said its Consensus Indicator suggets the market is close to bottoming out.
19 Jun 2023 - Hotel Analyst
Signs of a European real estate recovery are starting to appear, report INREV. Its latest quarterly sentiment survey shows four of five indicators more positive than in March. Transaction volumes have yet to pick up, and were at EUR33bn for Q1 of 2024.
20 Jun 2024 - The Asset
Market sentiment indicator improves for second straight month
19 Jun 2024 - Property Magazine
The latest INREV Consensus Indicator, designed to capture market sentiment and turning points, showed a second consecutive improvement with a headline reading 53.6.
All press releases

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