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Rent index forecasting through neural networks
by
Xu, Xiaojie
, Zhang, Yun
in
Algorithms
/ Averages
/ Consumer Price Index
/ Econometrics
/ Economic analysis
/ Economics
/ Forecasting
/ GDP
/ GNP
/ Gross Domestic Product
/ Gross National Product
/ Housing
/ Housing market
/ Indexes
/ Investors
/ Machine learning
/ Networks
/ Neural networks
/ Neurons
/ Policy analysis
/ Policy making
/ Prices
/ Rentals
/ Rents
/ Stock exchanges
/ Time series
/ Trends
/ Writers
2022
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Rent index forecasting through neural networks
by
Xu, Xiaojie
, Zhang, Yun
in
Algorithms
/ Averages
/ Consumer Price Index
/ Econometrics
/ Economic analysis
/ Economics
/ Forecasting
/ GDP
/ GNP
/ Gross Domestic Product
/ Gross National Product
/ Housing
/ Housing market
/ Indexes
/ Investors
/ Machine learning
/ Networks
/ Neural networks
/ Neurons
/ Policy analysis
/ Policy making
/ Prices
/ Rentals
/ Rents
/ Stock exchanges
/ Time series
/ Trends
/ Writers
2022
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Do you wish to request the book?
Rent index forecasting through neural networks
by
Xu, Xiaojie
, Zhang, Yun
in
Algorithms
/ Averages
/ Consumer Price Index
/ Econometrics
/ Economic analysis
/ Economics
/ Forecasting
/ GDP
/ GNP
/ Gross Domestic Product
/ Gross National Product
/ Housing
/ Housing market
/ Indexes
/ Investors
/ Machine learning
/ Networks
/ Neural networks
/ Neurons
/ Policy analysis
/ Policy making
/ Prices
/ Rentals
/ Rents
/ Stock exchanges
/ Time series
/ Trends
/ Writers
2022
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Journal Article
Rent index forecasting through neural networks
2022
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Overview
PurposeChinese housing market has been growing fast during the past decade, and price-related forecasting has turned to be an important issue to various market participants, including the people, investors and policy makers. Here, the authors approach this issue by researching neural networks for rent index forecasting from 10 major cities for March 2012 to May 2020. The authors aim at building simple and accurate neural networks to contribute to pure technical forecasting of the Chinese rental housing market.Design/methodology/approachTo facilitate the analysis, the authors examine different model settings over the algorithm, delay, hidden neuron and data spitting ratio.FindingsThe authors reach a rather simple neural network with six delays and two hidden neurons, which leads to stable performance of 1.4% average relative root mean square error across the ten cities for the training, validation and testing phases.Originality/valueThe results might be used on a standalone basis or combined with fundamental forecasting to form perspectives of rent price trends and conduct policy analysis.
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