Research Article
Study of a System Dynamics Model of Wuhan Commodity Housing Price
Table 11
Comparison between simulation and actual data.
| | Inspection of historical data of housing price | | Year | True value (ten thousand people) | Simulation value (ten thousand people) | Relative error (%) |
| | 2003 | 2023.00 | 2023 | 0 | | 2004 | 2462.73 | 2499.38 | 1.49 | | 2005 | 2986.20 | 3074.79 | 2.97 | | 2006 | 3535.26 | 3531.32 | −1.18 | | 2007 | 4515.76 | 4467.98 | −1.06 | | 2008 | 4681.00 | 4533.65 | −3.15 | | 2009 | 5199.00 | 4928.45 | −5.20 | | 2010 | 5550.00 | 5663.21 | 2.04 | | 2011 | 6675.99 | 6565.13 | −1.66 | | 2012 | 6895.35 | 6561.01 | −4.85 | | 2013 | 7238.00 | 7084.88 | −2.12 | | 2014 | 7399.00 | 7225.17 | −2.35 | | 2015 | 8404.00 | 7890.65 | −6.11 | | 2016 | 9819.00 | 9475.54 | −3.50 | | 2017 | 11453.00 | 10411.2 | −9.09 |
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