Experimental Urban Planning Prototype: Web-Based Housing Price Forecasting System

Abstract

The purpose of this study is to design and implement the web based housing price forecasting system[WBHPFS] as the Experimental Urban Planning prototype. WBHPFS is a web-based simulation environment for forecasting housing price in the cyber housing exchange market, which allows multilateral matching of buying or selling order like stock exchange or double auction market. WBHPFS is consisted of the four sub-system; the Market Environment Sub-system, the Stock Item Information Sub-system, the Ordering Sub-system, and the Matching Sub-system. Internet technologies such as Protocol, PHP3, JavaScript, and SQL were used to design and implement WBHPFS. It will be necessary to test the significance of the information from WBHPFS experiment, and to attempt the various experiment methods like the continuous or periodic call trading for enhancing the confidence of this system as a further study.