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We augment linear pricing models for the housing market commonly used in the literature with google trends data in order to assess whether or not crowd-sourced search query data can improve the forecasting ability of the models. We compare various performance measures of the augmented linear...
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Internet users, I think is a good proxy of the number of prospective home buyers for each prospective home seller in the pool … useful for understanding and nowcasting the US housing market. Firstly it has a significant correlation with the US national … month lag and the Google Trends data is weekly we can have a short term nowcasting of housing prices in the US. In the …
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