Countless studies have been conducted to determine how the real estate market reacts to the economy. The most accurate studies contemplate both macroeconomic and microeconomic variables simultaneously. In analyzing real estate markets, both monetary policy and regional factors must be examined...

In this thesis, application of GMDH Algorithm to real life problems is studied. A particular type of GMDH Algorithm namely TMNN is chosen for this purpose. An effort is made to forecast S&P Index Closing Value with the help of the forecaster.