Research on Prediction of Urumqi City Real Estate Supply and Demand Based on Gray System

Abstract

This paper takes gray prediction forecasting model as a tool to forecast the real estate market in Urumqi from development and investment, construction housing area and sale of housing area. The difference between the actual value and the predicted prediction value is small, with high accuracy. Predictive value can be reflected in the coming period of the real estate market situation in Urumqi. From the predicted results, we could know that there is a lot potential in Urumqi real estate market in next few years and investment in real estate the construction housing area, housing area of real estate sale will get a larger annual growth. In general, there will be increasing potential in the development of the real estate market in Urumqi. Meanwhile, Urumqi real estate market will tend to rationally develop under the regulation of government in the next few years.