The Prediction of the Guangzhou Housing Market Based on the ARIMA Model

Since the increasing trend of Guangzhou housing price stopped after Covid-19 epidemic in early 2020, investors and citizens are hesitant about purchasing, keeping, or selling their real estate Guangzhou. This paper intends to utilize ARIMA model forecast market from September 2022 August 2023 based on data last 10 years, compare yearly profits purchasing houses storing money Bank China for a year. The result is counter-intuitive that much more profitable than cash since experiencing trough epidemic, which created great potential its future recovery. To sum up, this suggests local increase property proportion due upcoming profit.