MyJournals Home  

RSS FeedsSustainability, Vol. 12, Pages 2899: Developing a Forecasting Model for Real Estate Auction Prices Using Artificial Intelligence (Sustainability)

 
 

5 april 2020 18:00:08

 
Sustainability, Vol. 12, Pages 2899: Developing a Forecasting Model for Real Estate Auction Prices Using Artificial Intelligence (Sustainability)
 


The real estate auction market has become increasingly important in the financial, economic and investment fields, but few artificial intelligence-based studies have attempted to forecast the auction prices of real estate. The purpose of this study is to develop forecasting models of real estate auction prices using artificial intelligence and statistical methodologies. The forecasting models are developed through a regression model, an artificial neural network and a genetic algorithm. For empirical analysis, we use Seoul apartment auction data from 2013 to 2017 to predict the auction prices and compare the forecasting accuracy of the models. The genetic algorithm model has the best performance, and effective regional segmentation based on the auction appraisal price improves the predictive accuracy.


 
29 viewsCategory: Ecology
 
Sustainability, Vol. 12, Pages 2900: Local Planning Practice towards Resilience: Insights from the Adaptive Co-Management and Design of a Mediterranean Wetland (Sustainability)
Sustainability, Vol. 12, Pages 2896: Comparison and Bias-Correction of Satellite-Derived Precipitation Datasets at Local Level in Northern Kenya (Sustainability)
 
 
blog comments powered by Disqus


MyJournals.org
The latest issues of all your favorite science journals on one page

Username:
Password:

Register | Retrieve

Search:

Ecology


Copyright © 2008 - 2020 Indigonet Services B.V.. Contact: Tim Hulsen. Read here our privacy notice.
Other websites of Indigonet Services B.V.: Nieuws Vacatures News Tweets Nachrichten