Cushman & Wakefield creates the CWPI price index

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.