Real Estate Insights: Can valuers call the market?

Andrew Baum and Bryan MacGregor

Journal of Property Investment & Finance, 2026, vol. 44, issue 3, 199-204

Abstract: PurposeTo challenge existing practice recommendations.Design/methodology/approachReview recent literature with some theoretical advances.FindingsThe larger advisory companies, supported by their economists and research departments, should certainly have the capacity to form an informed view about fair market pricing for the bigger, more transparent and liquid markets. But surely it is asking too much of valuers to jump into this area of responsibility across all real estate markets without much more public discussion of the issues we raise in this paper.Practical implicationsMore public discussion of the issues we raise in this paper is called for.Originality/valueThis is a review with some original challenges.

Keywords: Valuation; Property valuation; Lending; Gilts; Appraisal; Financial stability; Prudence (search for similar items in EconPapers)
Date: 2026
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.emerald.com/jpif/article/44/3/199/1360 ... uers-call-the-market (text/html)
https://www.emerald.com/jpif/article-pdf/44/3/199/ ... f-02-2026-0043en.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eme:jpifpp:jpif-02-2026-0043

DOI: 10.1108/JPIF-02-2026-0043

Access Statistics for this article

Journal of Property Investment & Finance is currently edited by Nick French

More articles in Journal of Property Investment & Finance from Emerald Group Publishing Limited
Bibliographic data for series maintained by Emerald Support ().