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Analysis of Z City House Price Forecast based on Application of Multiple Linear Regression

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DOI: 10.23977/emsd.2019.011

Author(s)

Kun Zhang, Xin Zhu

Corresponding Author

Kun Zhang

ABSTRACT

House prices are a barometer of the real estate industry and a barometer of the national economy. The change in housing prices is not only the focus of the real estate industry, but also the focus of the state and the government as well as the public. For the Chinese who pay attention to starting a family and re-establishing their business, the house is the foundation of the world. Therefore, the Chinese people are more concerned about the fluctuations in housing prices. This paper uses multiple linear regression analysis to select four indicators that have a significant impact on Z city house prices from the nine indicators that have an impact on housing price changes. By establishing a new multiple regression model, the short-term fluctuations of Z city house prices are predicted.

KEYWORDS

House price, national economy, Multiple linear regression

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