@article{ART002265068},
author={Seong-Wan Bae, and Yu, Jung Suk},
title={Predicting the Real Estate Price Index Using Deep Learning},
journal={Korea Real Estate Review},
issn={2092-5395},
year={2017},
volume={27},
number={3},
pages={71-86}
TY - JOUR
AU - Seong-Wan Bae,
AU - Yu, Jung Suk
TI - Predicting the Real Estate Price Index Using Deep Learning
JO - Korea Real Estate Review
PY - 2017
VL - 27
IS - 3
PB - korea real estate research institute
SP - 71
EP - 86
SN - 2092-5395
AB - The purpose of this study was to apply the deep running method to real estate price index predicting and to compare it with the time series analysis method to test the possibility of its application to real estate market forecasting. Various real estate price indices were predicted using the DNN (deep neural networks) and LSTM (long short term memory networks) models, both of which draw on the deep learning method, and the ARIMA (autoregressive integrated moving average) model, which is based on the time seies analysis method. The results of the study showed the following. First, the predictive power of the deep learning method is superior to that of the time series analysis method. Second, among the deep learning models, the predictability of the DNN model is slightly superior to that of the LSTM model. Third, the deep learning method and the ARIMA model are the least reliable tools for predicting the housing sales prices index among the real estate price indices. Drawing on the deep learning method, it is hoped that this study will help enhance the accuracy in predicting the real estate market dynamics.
KW - deep learning;real estate price index;predicting;DNN;LSTM
DO -
UR -
ER -
Seong-Wan Bae, and Yu, Jung Suk. (2017). Predicting the Real Estate Price Index Using Deep Learning. Korea Real Estate Review, 27(3), 71-86.
Seong-Wan Bae, and Yu, Jung Suk. 2017, "Predicting the Real Estate Price Index Using Deep Learning", Korea Real Estate Review, vol.27, no.3 pp.71-86.
Seong-Wan Bae,, Yu, Jung Suk "Predicting the Real Estate Price Index Using Deep Learning" Korea Real Estate Review 27.3 pp.71-86 (2017) : 71.
Seong-Wan Bae,, Yu, Jung Suk. Predicting the Real Estate Price Index Using Deep Learning. 2017; 27(3), 71-86.
Seong-Wan Bae, and Yu, Jung Suk. "Predicting the Real Estate Price Index Using Deep Learning" Korea Real Estate Review 27, no.3 (2017) : 71-86.
Seong-Wan Bae,; Yu, Jung Suk. Predicting the Real Estate Price Index Using Deep Learning. Korea Real Estate Review, 27(3), 71-86.
Seong-Wan Bae,; Yu, Jung Suk. Predicting the Real Estate Price Index Using Deep Learning. Korea Real Estate Review. 2017; 27(3) 71-86.
Seong-Wan Bae,, Yu, Jung Suk. Predicting the Real Estate Price Index Using Deep Learning. 2017; 27(3), 71-86.
Seong-Wan Bae, and Yu, Jung Suk. "Predicting the Real Estate Price Index Using Deep Learning" Korea Real Estate Review 27, no.3 (2017) : 71-86.