Cited by 401Housing Market and EconomicsData Mining and Machine Learning ApplicationsForecasting Techniques and Applications

Using machine learning algorithms for housing price prediction: The case of Fairfax County, Virginia housing data

Park, Byeonghwa, Bae, Jae Kwon·2015·Expert Systems with Applications

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Crossref · 10.1016/j.eswa.2014.11.040

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18 of 18 references verified0 citation errors · 0 not checkable

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  • Park and Bae (2015) RIPPER algorithm routinely beats other models in accurately forecasting house prices.

    “The research shows that when it comes to accurately forecasting house prices, the RIPPER algorithm routinely beats other models.”
  • Hedonic pricing can help identify how much different consumers may be willing to pay for an environmental good or service, which is a noisy measure for the monetary value of that good or service; these values are typically inferred using regression or ML techniques on historical market data.

    “Hedonic pricing can also help identify how much different consumers may be willing to pay for a environmental good or a service, which is a noisy measure for the monetary value of that good or service; these values are typically inferred using regression or ML techniques on historical market data [175,594,613,629].”

    From Tackling climate change with machine learning (2023) · cites this paper as [613]

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Authors
Park, B., & Bae, J. K.
Affiliations
Keimyung University (KR)
Corresponding author
Bae, Jae Kwon
Venue
Expert Systems with Applications
Publisher
Elsevier BV
Published
2015-04
Volume
42
Issue
6
Pages
2928-2934
ISSN
0957-4174 (ISSN-L)
OpenAlex
W2251575556
Cited by
401
References
18
Citations by year
2026: 21 · 2025: 47 · 2024: 53 · 2023: 48 · 2022: 63 · 2021: 52 · 2020: 53 · 2019: 32 · 2018: 10 · 2017: 13 · 2016: 6 · 2015: 2 · 2014: 1
FWCI
18.24
Type
journal article
Language
en
Update notices
erratum (2015-11-01)
Open access
closed
Locations
Expert Systems with Applications (publishedVersion)
Topics
  • Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Housing Market and Economics
  • Physical Sciences › Computer Science › Information Systems › Data Mining and Machine Learning Applications
  • Social Sciences › Decision Sciences › Management Science and Operations Research › Forecasting Techniques and Applications
Keywords
house price prediction, residential property valuation, Fairfax County, Virginia, townhouses, RIPPER, C4.5 decision tree, naive Bayes, AdaBoost, housing market

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