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ASME Press Select Proceedings

International Conference on Information Technology and Management Engineering (ITME 2011)

Editor
W. B. Hu
W. B. Hu
Wuhan University
,
China
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W. X. Wang
W. X. Wang
Royal Institute of Technology
,
Sweden
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ISBN:
9780791859827
No. of Pages:
500
Publisher:
ASME Press
Publication date:
2011

In view of our short history of real estate development, little statistical data, this paper used the grey model to forecast the real estate investment in Wuhan. Analyzing the real estate development in the past few years, we constructed the GM(1,1,C) to fit the data, and they were tested by residual analysis. The results show that the model has high credibility and stability. Therefore, the model can accurately reflect the recent changing trends of real estate investment, and it has important reference value for the real estate investment company to do the decision-making and the macro management of the real estate market.

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