Cushman & Wakefield presents to the real estate market a new price index. The CWPI (Cushman & Wakefield Price Index) was developed by the company’s research area and is based on the Fischer Price Index. It is calculated according to the geometric mean between the Paasche and Laspeyers measurements. “It is more robust regarding average values of rent applications on the market, since it ignores new deliveries in the aggregate price rate, making it a more realistic reference in relation to indexes released so far,” said Gustavo Garcia, research manager for the South America. CWPI is the main driver of the company’s analysis and is already being applied in the internal market researches and also in researches hired by customers.
Cushman & Wakefield creates the CWPI price index
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and approximately 60 countries. In 2021, the firm had revenue of $9.4 billion across core services of property, facilities and project management, leasing, capital markets, and valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake External Link on Twitter.