| 英文摘要 |
Buying a house is an important decision yet further information besides pricing and house information is needed. The study takes Xizhi Distict as an example. We collect the real estate actual selling price registration data from Department of Land Administration and articles from the most famous bullinton board system (BBS) in Taiwan. We first build augmented hedonic price models with collected data to analyze the factors that affect housing price. After that, we treat articles and comments from BBS, price per unit, and the mumber of transaction as time series parameters to build prediction models. The results show that the augmented models have better fit than the hedonic price models. The prediction model for pre-sale house shows a 3.5% improvement by considering time series parameters, and the mean absolute percent error reaches 18.12%. The study also finds the number of articles on BBS will influence the housing price positively especially in the pre-sale house model. This research demonstrates hedonic price models with textmining results provides more accurate predictions that helps individual sellers and buyers suffer from information insufficiency. |