The Behavioral Mechanism and Forecasting of Beijing Housing Prices from a Multiscale Perspective

Table 7

The forecasting performance of the proposed approach and three alternatives.

Accuracy measure	Prediction horizon	Approach
		Proposed approach	SVR	ARIMA	Polynomial function
RMSE	One-month-ahead	3,174	4,021	4,282	4,412
	Three-month-ahead	3,524	4,592	4,834	4,715
	Six-month-ahead	4,189	4,618	4,992	4,862
MAPE	One-month-ahead	5.62%	7.18%	8.25%	8.14%
	Three-month-ahead	7.24%	10.21%	10.13%	9.21%
	Six-month-ahead	8.63%	10.15%	12.92%	10.57%