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Home sale prices are formed given the transaction actors economic interests, which include government, real estate dealers, and the general public who buy or sell properties. Generating an accurate property price prediction model is a major…

机器学习 · 计算机科学 2020-08-25 Shashi Bhushan Jha , Vijay Pandey , Rajesh Kumar Jha , Radu F. Babiceanu

This paper presents a model that uses the information that sellers publish in real estate market websites to predict whether a property has higher or lower price than the average price of its similar properties. The model learns the…

机器学习 · 计算机科学 2023-03-28 Vladimir Vargas-Calderón , Jorge E. Camargo

Real estate appraisal, which is the process of estimating the price for real estate properties, is crucial for both buys and sellers as the basis for negotiation and transaction. Traditionally, the repeat sales model has been widely adopted…

计算机视觉与模式识别 · 计算机科学 2017-07-31 Quanzeng You , Ran Pang , Liangliang Cao , Jiebo Luo

Machine learning algorithms are increasingly employed to price or value homes for sale, properties for rent, rides for hire, and various other goods and services. Machine learning-based prices are typically generated by complex algorithms…

理论经济学 · 经济学 2023-02-21 Nikhil Malik , Emaad Manzoor

With everyone trying to enter the real estate market nowadays, knowing the proper valuations for residential and commercial properties has become crucial. Past researchers have been known to utilize static real estate data (e.g. number of…

机器学习 · 计算机科学 2022-05-04 Walter Coleman , Ben Johann , Nicholas Pasternak , Jaya Vellayan , Natasha Foutz , Heman Shakeri

Real estate appraisal is a complex and important task, that can be made more precise and faster with the help of automated valuation tools. Usually the value of some property is determined by taking into account both structural and…

计算机与社会 · 计算机科学 2021-09-17 Francesco Bergadano , Roberto Bertilone , Daniela Paolotti , Giancarlo Ruffo

The real estate market is vital to global economies but suffers from significant information asymmetry. This study examines how Large Language Models (LLMs) can democratize access to real estate insights by generating competitive and…

人工智能 · 计算机科学 2025-10-01 Margot Geerts , Manon Reusens , Bart Baesens , Seppe vanden Broucke , Jochen De Weerdt

Developing an accurate prediction model for housing prices is always needed for socio-economic development and well-being of citizens. In this paper, a diverse set of machine learning algorithms such as XGBoost, CatBoost, Random Forest,…

机器学习 · 计算机科学 2020-06-19 Shashi Bhushan Jha , Radu F. Babiceanu , Vijay Pandey , Rajesh Kumar Jha

This project aims at creating an investment device to help investors determine which real estate units have a higher return to investment in Madrid. To do so, we gather data from Idealista.com, a real estate web-page with millions of real…

Property Technology (PropTech) is the next big thing that is going to disrupt the real estate market. Nowadays, we see applications of Machine Learning (ML) and Artificial Intelligence (AI) in almost all the domains but for a long time the…

社会与信息网络 · 计算机科学 2019-04-11 Sayan Putatunda

Accurate prediction of house price, a vital aspect of the residential real estate sector, is of substantial interest for a wide range of stakeholders. However, predicting house prices is a complex task due to the significant variability…

机器学习 · 计算机科学 2024-09-10 Md Hasebul Hasan , Md Abid Jahan , Mohammed Eunus Ali , Yuan-Fang Li , Timos Sellis

In this article, we develop a model for the evolution of real estate prices. A wide range of inputs, including stochastic interest rates and changing demands for the asset, are considered. Maximizing their expected utility, home owners make…

交易与市场微观结构 · 定量金融 2009-07-13 Hazer Inaltekin , Robert Jarrow , Mehmet Saglam , Yildiray Yildirim

Many brokers have adapted their operation to exploit the potential of the web. Despite the importance of the real estate classifieds, there has been little work in analyzing such data. In this paper we propose a two-stage regression model…

信息检索 · 计算机科学 2015-11-17 Sherief Abdallah

In recent years, machine learning (ML) techniques have become a powerful tool for improving the accuracy of predictions and decision-making. Machine learning technologies have begun to penetrate all areas, including the real estate sector.…

机器学习 · 计算机科学 2025-06-25 Oleh Pastukh , Viktor Khomyshyn

As a basic human need, housing plays a key role in enhancing health, well-being, and educational outcome in society, and the housing market is a major factor for promoting quality of life and ensuring social equity. To improve the housing…

机器学习 · 计算机科学 2025-06-16 Abdalwahab Almajed , Maryam Tabar , Peyman Najafirad

In recent years several complaints about racial discrimination in appraising home values have been accumulating. For several decades, to estimate the sale price of the residential properties, appraisers have been walking through the…

计量经济学 · 经济学 2021-10-15 Mahdieh Yazdani

In this paper, we show how using publicly available data streams and machine learning algorithms one can develop practical data driven services with no input from domain experts as a form of prior knowledge. We report the initial steps…

计算机与社会 · 计算机科学 2017-04-18 Vahid Moosavi

In many countries, real estate appraisal is based on conventional methods that rely on appraisers' abilities to collect data, interpret it and model the price of a real estate property. With the increasing use of real estate online…

综合经济学 · 经济学 2022-01-19 Vladimir Vargas-Calderón , Jorge E. Camargo

The use of Artificial Intelligence (AI) in the real estate market has been growing in recent years. In this paper, we propose a new method for property valuation that utilizes self-supervised vision transformers, a recent breakthrough in…

计算机视觉与模式识别 · 计算机科学 2023-02-02 Mahdieh Yazdani , Maziar Raissi

Pricing a rental property on Airbnb is a challenging task for the owner as it determines the number of customers for the place. On the other hand, customers have to evaluate an offered price with minimal knowledge of an optimal value for…

机器学习 · 计算机科学 2021-09-08 Pouya Rezazadeh Kalehbasti , Liubov Nikolenko , Hoormazd Rezaei
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