USE OF MACHINE LEARNING AND DEEP LEARNING METHODS IN HOUSING PRICE INDEX ESTIMATION: AN ANALYSIS ON ANKARA AND ISTANBUL

Year 2024, Volume: 34 Issue: 3, 1345 - 1353, 18.09.2024

Ahmed İhsan Şimşek

https://doi.org/10.18069/firatsbed.1401213

Abstract

Factors such as supply chain difficulties, rising energy and oil prices, economic recession and production loss due to the pandemic have increased costs and inflation. All these factors have also seriously affected the construction sector. This study aims to create a deep learning and machine learning focused forecasting system based on Istanbul and Ankara monthly housing price index data for the period of January 2010 to June 2023. The system was created using approximately 13 years of housing interest rates, Consumer Price Index, XGMYO, Monthly Average Dollar and XAU data as the basis of the Istanbul and Ankara Housing Price Index forecasting process. During the research process, different RNN structures (Long and Short Term Memory, Gated Recurrent Unit) and machine learning (Random Forest) structures were tested and the effectiveness of these structures in housing price index forecasting was compared. The performances of the models were evaluated using RMSE, MSE, MAE, MAPE and R2 statistics. According to the results obtained, the method that gave the best performance for both provinces is the RF model. This is followed by LSTM and GRU models, respectively

Keywords

House Price Forecasting, Time Series, Deep Learning, Machine Learning, Decision Support

Konut Fiyat Endeksi Tahmininde Makine Öğrenmesi ve Derin Öğrenme Yöntemlerinin Kullanımı: Ankara ve İstanbul Üzerine Bir Analiz

Abstract

Pandeminin etkisiyle tedarik zincirinde yaşanan zorluklar, enerji ve petrol fiyatlarının yükselmesi, ekonomik durgunluk ve üretim kaybı gibi faktörler, maliyetleri ve enflasyonu artırmıştır. Tüm bu etkenler inşaat sektörünü de ciddi biçimde etkilemiştir. Bu çalışma, Ocak 2010 ile Haziran 2023 dönemine ait İstanbul ve Ankara aylık konut fiyat endeksi verilerine dayalı olarak derin öğrenme ve makine öğrenmesi odaklı bir tahmin sistemi oluşturma amacını taşımaktadır. İstanbul ve Ankara Konut Fiyat Endeksi tahminleme işleminin temeli olarak yaklaşık 13 yıllık konut faizleri, Tüketici Fiyat Endeksi, XGMYO, Aylık Ortalama Dolar ve XAU verileri kullanılarak sistem oluşturulmuştur. Araştırma sürecinde, farklı RNN yapıları (Long and Short Term Memory, Gated Recurrent Unit) ve makine öğrenmesi (Random Forest) yapıları denenmiş, bu yapıların konut fiyat endeksi tahminindeki etkinliği karşılaştırılmıştır. Modellerin performansları RMSE, MSE, MAE, MAPE ve R2 istatistikleri kullanılarak değerlendirilmiştir. Elde edilen sonuçlara göre her iki il için en iyi performansı veren yöntem RF modelidir. Sonrasında ise sırasıyla LSTM ve GRU modelleri gelmektedir.

Keywords

Konut Fiyat Tahmini, Zaman Serisi, Derin Öğrenme, Makine Öğrenmesi, Karar Destek

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