[1] Real-time crustal deformation monitoring is extremely important for achieving rapid understanding of actual earthquake scales, because the measured permanent displacement directly gives the true earthquake size (seismic moment, M w ) information, which in turn, provides tsunami forecasting. We have developed an algorithm to detect/ estimate static ground displacements due to earthquake faulting from real-time kinematic GPS (RTK-GPS) time series. The new algorithm identifies permanent displacements by monitoring the difference of a short-term average (STA) to a long-term average (LTA) of the GPS time series. We assessed the noise property and precision of the RTK-GPS time series with various baseline length conditions and orbits and discerned that the real-time ephemerides based on the International GNSS Service (IGS) are sufficient for crustal deformation monitoring with long baselines up to $1,000 km. We applied the algorithm to data obtained in the 2011 off the Pacific coast of Tohoku earthquake (M w 9.0) to test the possibility of coseismic displacement detections, and further, we inverted the obtained displacement fields for a fault model; the inversion estimated a fault model with M w 8.7, which is close to the actual M w of 9.0, within five minutes from the origin time. Once the fault model is estimated, tsunami waveforms can be immediately synthesized using pre-computed tsunami Green's functions. The calculated waveforms showed good agreement with the actual tsunami observations both in arrival times and wave heights, suggesting that the RTK-GPS data by our algorithm can provide reliable rapid tsunami forecasting that can complement existing tsunami forecasting systems based on seismic observations. Citation: Ohta, Y., et al. (2012), Quasi real-time fault model estimation for near-field tsunami forecasting based on RTK-GPS analysis: Application to the 2011 Tohoku-Oki earthquake (M w 9.0),