Subject: Real Estate, Market value, artificial neural networks
Year: 2018
Type: Journal Article
Title: Assessment of the Real Estate Market Value in the European Market by Artificial Neural Networks Application
Author: Cetkovic Jasmina
Author: Lakic Slobodan
Author: Lazarevska Marijana
Author: Zarkovic Miloš
Author: Vujoševic Saša
Author: Cvijovic Jelena
Author: Gogic Mladen
Abstract: Usinganartificialneuralnetwork,itispossiblewiththeprecisionoftheinputdatatoshowthedependenceofthepropertyprice from variable inputs. It is meant to make a forecast that can be used for different purposes (accounting, sales, etc.), but also for the feasibility of building objects, as the sales price forecast is calculated. The aim of the research was to construct a prognostic model of the real estate market value in the EU countries depending on the impact of macroeconomic indicators. The available inputdatademonstratesthatmacroeconomicvariablesinfluencedeterminationofrealestateprices.Theauthorssoughttoobtain correctoutputdatawhichshowpricesforecastintherealestatemarketsoftheobservedcountries.
Publisher: Hindawi
Relation: Complexity
Identifier: oai:repository.ukim.mk:20.500.12188/2380
Identifier: http://hdl.handle.net/20.500.12188/2380Identifier: 10.1155/2018/1472957
