A Review of Factors which Determine the Predictability of House Pricing

Abstract:

Given the enormity of the housing market in this world, it has been argued that house price factor is strongly associated with the housing market. House price has been the biggest investment for most of people in their life. This research will aim to discover potential factors which determine the predictability of house price based on previous research. Content analysis method was used to assess the published paper, journal, article and government document in order to accomplish this aim. The common factor that will determine the predictability of house price found in this research will be discussed and investigated. This study will give the consideration of policy makers and investor in house price predictions determinant whenever there are decision about investment and policy creation will be done. The housing market, potential buyer and developer also will be affecting when the determinant of the house price is change which bring the evidence that the determinant of house price prediction is important in housing. 

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