Assessment of Housing Market Analysis for a Foreign Agency

IFE Group was engaged by a foreign government agency to assess the effectiveness of their housing market analysis framework, which was designed to detect problematic housing conditions for key markets.  As a benchmark of its effectiveness and to explore ways to enhance it, we applied the framework to the US national market and select CBSAs.  The engagement consisted of baselining the framework, including creating a database with US housing and demographic metrics; establishing a selection criteria to select key US markets and applying the framework to them; leveraging our expertise of the US housing market and conducting market research; reviewing the model framework and governance for reasonableness; incorporating additional econometric techniques; and presenting our findings and recommendations.