Research on the Prediction of the Housing Pricing in China

Abstract

As an important cornerstone of industrial development, real estate has been widely concerned by people. A house can not only provide a place of peace for people, but also provide a certain source of income for many people. A stable house price will give people confidence in their economy. After 2007, there have been obvious changes in house prices, which further increase the difficulty of forecasting and reduce the accuracy of forecasting. As a typical forecasting model, linear regression is favored by scholars all over the world for its accuracy and adaptability. This paper will use this model to forecast the house price in the next year. The conclusion is as follows: In the coming year, the overall trend will show a more obvious upward trend. Therefore, it is recommended to invest in real estate in the short term. At the same time, this paper believes that ensuring the stability of domestic housing prices can improve people’s quality of life and enhance the status of the country in the hearts of the people.