scholarly journals House Price Prediction: Hedonic Price Model vs. Artificial Neural Network

2004 ◽  
Vol 1 (3) ◽  
pp. 193-201 ◽  
Author(s):  
Visit Limsombunc ◽  
Christopher Gan ◽  
Minsoo Lee
Keyword(s):  
Neural Network ◽  
Artificial Neural Network ◽  
House Price ◽  
Hedonic Price Model ◽  
Hedonic Price ◽  
Price Model ◽  
Price Prediction ◽  
Artificial Neural

scholarly journals ENHANCING THE ACCURACY OF MALAYSIAN HOUSE PRICE FORECASTING: A COMPARATIVE ANALYSIS ON THE FORECASTING PERFORMANCE BETWEEN THE HEDONIC PRICE MODEL AND ARTIFICIAL NEURAL NETWORK MODEL

2021 ◽  
Vol 19 (17) ◽  
Author(s):  
Nurul Fazira Sa’at ◽  
Nurul Hana Adi Maimun ◽  
Nurul Hazrina Idris
Keyword(s):  
Neural Network ◽  
Artificial Neural Network ◽  
Artificial Neural Network Model ◽  
House Price ◽  
Predictive Performance ◽  
Hedonic Price Model ◽  
Price Forecasting ◽  
Hedonic Price ◽  
Price Model ◽  
Forecasting Performance

The Hedonic Price Model (HPM), a prominent model used in real estate appraisal and economics, has been argued to be marred with nonlinearity, multicollinearity and heteroscedasticity problems that affect the accuracy of price predictions. An alternative method called Artificial Neural Network Model (ANN) was identified as capable of addressing the shortcomings of HPM and produces superior predictive performance. Hence, this study aims to evaluate the forecasting performance between HPM and ANN using Malaysian housing transaction data from the period between 2009 to 2018, sourced from the Valuation and Property Service Department, Johor Bahru. The models’ performance was evaluated and compared based on their statistical and predictive performance. Results showed that ANN outperformed HPM in both statistical and predictive performance. This study benefits the expansion of academic and practical knowledge in enhancing the accuracy of house price forecasting.

scholarly journals Optimization of Artificial Neural Network for Stock Market Price Prediction Using an Enhanced Firefly Algorithm

2019 ◽  
Vol 13 (9) ◽  
pp. 532-543
Author(s):  
Ameen Ahmed Oloduowo ◽  
Fashoto Stephen Gbenga ◽  
Ogeh Clement ◽  
Balogun Abdullateef ◽  
Mashwama Petros
Keyword(s):  
Neural Network ◽  
Artificial Neural Network ◽  
Stock Market ◽  
Firefly Algorithm ◽  
Market Price ◽  
Price Prediction ◽  
Artificial Neural

scholarly journals Predicting House Price With a Memristor-Based Artificial Neural Network

IEEE Access ◽  
2018 ◽  
Vol 6 ◽  
pp. 16523-16528 ◽  
Author(s):  
J. J. Wang ◽  
S. G. Hu ◽  
X. T. Zhan ◽  
Q. Luo ◽  
Q. Yu ◽  
...  
Keyword(s):  
Neural Network ◽  
Artificial Neural Network ◽  
House Price ◽  
Artificial Neural

scholarly journals Price Prediction of Share Market Using Artificial Neural Network 'ANN'

2011 ◽  
Vol 22 (2) ◽  
pp. 42-47 ◽  
Author(s):  
Zabir Haider Khan ◽  
Tasnim Sharmin Alin ◽  
Akter Hussain
Keyword(s):  
Neural Network ◽  
Artificial Neural Network ◽  
Price Prediction ◽  
Artificial Neural ◽  
Artificial Neural Network Ann
Sign in / Sign up

Export Citation Format

Share Document