Abstract
House prices are an important economic indicator for a country or region, rising house prices are often associated with economic growth and increased employment opportunities, while a decline in house prices may indicate an economic slowdown or other unfavorable factors. Governments and relevant agencies need to understand the dynamics of housing prices to formulate appropriate housing policies and plan urban development. As one of the major economic centers in the United States, the fluctuations in Boston's housing prices can reflect the local economic conditions and development trends. This paper selects data from Boston in 1970. Each record in this database describes a Boston suburb or town. The proposed method was evaluated using 5 metrics. By comparison, the paper ends up with the result that XGBoost works best out of the four regression models.
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