Senior Real Estate Economist

Placements24; Sandton; Hybrid; ZAR 1,000,000 - 1,800,000; Full time

Benefits offered by this job

Hybrid work model

Performance-related bonuses

Professional development allowances

Job summary

Placements24 is seeking a highly analytical Senior Real Estate Economist for our client in Sandton, Gauteng. The role focuses on in-depth economic analysis and forecasting related to the property market to guide investors, developers and policymakers.

The ideal candidate will have a Master's or PhD in Economics or Econometrics with 6+ years of experience in real estate research, and strong skills in econometric modeling using Stata, R and EViews.

Qualifications

• Master's or PhD in Economics, Econometrics, or closely related quantitative field.
• 6+ years of experience in economic research, analysis, and forecasting, preferably in real estate.
• Strong econometric modeling and statistical analysis software experience (Stata, R, EViews).

Responsibilities

• Conduct economic research and analysis of real estate markets, focusing on supply, demand and price dynamics.
• Develop econometric models to forecast real estate market trends, values and indicators.
• Prepare detailed research reports, white papers and client presentations.
• Provide expert economic commentary on property market performance and outlook.

Skills

Econometrics

Stata

R

Data Visualization

Education

Master's or PhD in Economics or Econometrics

Tools

EViews

Job description

About the Role

Our client, a leading real estate advisory firm, is seeking a highly analytical and insightful Senior Real Estate Economist to join their team based in Sandton, Gauteng. This role is critical for providing in-depth economic analysis and forecasting related to the property market, influencing strategic decisions for investors, developers, and policymakers. The ideal candidate will possess a strong academic background in economics or a related field, coupled with extensive experience in real estate market research and econometrics. You will be responsible for developing economic models, interpreting market data, and producing insightful reports that guide investment strategies in complex markets like Sandton.

Key Responsibilities

Conduct comprehensive economic research and analysis of real estate markets, focusing on supply, demand, and price dynamics. Develop and maintain econometric models to forecast real estate market trends, property values, and economic indicators. Analyze macroeconomic factors and their impact on the real estate sector. Prepare detailed research reports, white papers, and presentations for clients, stakeholders, and internal use. Provide expert economic commentary and insights on property market performance and outlook. Collaborate with internal teams to integrate economic analysis into broader real estate strategies and valuations. Stay abreast of global and local economic developments and their implications for the South African property market. Contribute to business development by identifying new research opportunities and client needs. Mentor junior analysts and contribute to the intellectual capital of the firm. Effectively communicate complex economic concepts to a diverse audience, both verbally and in writing, supporting the firm's operations in Sandton, Gauteng.

Requirements

A Master's degree or PhD in Economics, Econometrics, or a closely related quantitative field. Minimum of 6 years of experience in economic research, analysis, and forecasting, preferably with a focus on real estate. Proven expertise in econometric modeling and statistical analysis software ("e.g., Stata, R, EViews"). Strong understanding of real estate market drivers and valuation principles. Excellent analytical, critical thinking, and problem-solving skills. Exceptional written and verbal communication skills, with the ability to present complex data clearly. Proficiency in data analysis and visualization tools. Ability to work independently and collaboratively within a team. Demonstrated ability to manage research projects from inception to completion. Experience with the South African property market is a significant advantage for this role in Sandton.

Benefits

Our client offers a highly competitive salary and a comprehensive benefits package, including performance-related bonuses and professional development allowances. You will have the opportunity to work on cutting-edge research and contribute to significant strategic decisions in the real estate sector. Our client fosters a culture of continuous learning and provides excellent career advancement opportunities. Enjoy a stimulating and collaborative work environment with a team of industry experts. The hybrid work model offers flexibility, allowing for an effective work-life balance. Join a prestigious firm making a real impact on the Gauteng property landscape.