Case Analysis of GM(1,N) Model in Predicting Kunming Real Estate Prices

Yu Mei Sun; Li Guang Wu

doi:10.4028/www.scientific.net/AMM.444-445.1781

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HomeApplied Mechanics and MaterialsApplied Mechanics and Materials Vols. 444-445Case Analysis of GM(1,N) Model in Predicting...

Case Analysis of GM(1,N) Model in Predicting Kunming Real Estate Prices

Abstract:

The price of real estate is influenced by many factors, and its the most important and the most direct reflection of the market of real estate,this study combines the historical prices with some other factors like the level of urbanization, based on that Kunming is the object of study, through establishing GM(1,N) model to forecast the Kunming real estate price, uses the method which combines the theory with empirical to research, and checks its accuracy, trying to make up for the short that we cant use the mathematic formula to describe the relation between the price and economically variables, compiling MATLAB command is to solve the tedious calculation of GM (1, N), hoping it can provide some guidance and scientific reference for the investment decision of the real estate.

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Periodical:

Applied Mechanics and Materials (Volumes 444-445)

Pages:

1781-1786

DOI:

https://doi.org/10.4028/www.scientific.net/AMM.444-445.1781

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Online since:

October 2013

Authors:

Yu Mei Sun, Li Guang Wu

Keywords:

Gm (1,N) Model, Kunming, Prediction on Price of Real Estate

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References

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