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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Consensus Indicator reveals the first decline in five quarters, reporting 56.7
Key highlights include:
- All five subindicators declined, with investment liquidity (63.2) and financing (61.3) maintaining the strongest sentiment across the five, despite slight drops.
- Leasing and operations fell below the 60 mark, while the economic subindicator marked a sharp decline to 44.0.
- Economic and new development are the only two subindicators to report a reading of under 50, indicating contraction.
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.