A Comparative Study of Random Forest Regression for Predicting House Prices Using
DOI:
https://doi.org/10.54097/bdfe8032Keywords:
Random forest, gradient boosting, predict model.Abstract
Based on the rapid development of the real estate market, real estate prices in various regions of the world fluctuate greatly and are unstable, and we need to make some predictions for real estate prices. However, in reality, we pay too much attention to the relationship between past property prices and current property prices and often ignore the prediction of future house prices. Research on predictive models is lacking. Therefore, studying real estate forecasting models is one of the best solutions to solve the problems faced by the real estate market based on the thinking of the current situation. In response to this problem, I propose to use a random forest model, gradient boosting, and optional to build a reasonable predictive model. The final results prove that this predictive model can be used to some extent to predict changing real estate prices in the future market. It is hoped that the method in this paper can provide a reference for subsequent research on predictive models.
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