Application of Data Mining Technology in Real Estate Market Prediction
Wei Fu · Journal of Guizhou University of Technology · 2007
Data mining technology is a new analyzing and predicting tool for real estate market.The application of data mining technology in real estate market was introduced and an application flow both in theory and practical example was developed.Firstly,The definition,application methods were introduced and using flow of data mining in real estate was analyzed.Then Nanjing real estate market was taken as an example to illustrate how to use neural network——one of the data mining technologies to analyze and forecast real estate market.Finally,some problems about data mining technology was brought forward and prospect was discussed.The results show that data mining produces high prediction accuracy in real estate data analyses and market prediction.