{"id":10,"type":"Feature","geometry":{"type":"GeometryCollection","geometries":[{"type":"Polygon","coordinates":[[[24.145783,49.0020468],[24.145783,55.03605],[14.0696389,55.03605],[14.0696389,49.0020468],[24.145783,49.0020468]]]}]},"bbox":[14.0696389,49.0020468,24.145783,55.03605],"properties":{"title":"Analysis of the Housing Market Dynamics Using NARX Neural Network","type":"article","abstract":"This study employs a Nonlinear Autoregressive with&nbsp;eXogenous inputs (NARX) neural network to model the&nbsp;dynamics of the housing construction market in Poland,&nbsp;with a distinction made between segments of developers&nbsp;and individual investors. The dataset under analysis&nbsp;contains the 19-year data corresponding to the numbers&nbsp;of housing units approved for construction, under&nbsp;construction, and completed. The NARX model was&nbsp;calibrated thoroughly to suit unique characteristics of&nbsp;the data, with an emphasisputon the hidden layer size&nbsp;and delay parameters, to capture the estate market's&nbsp;nonlinear trends. Results show a very high efficiency of&nbsp;NARX models and highlight distinct patterns and&nbsp;dynamics in the housing completion, construction starts,&nbsp;and permit issuance between the two market segments.&nbsp;These variations are vital&nbsp;for understanding the distinct&nbsp;forces and trends shaping the developers’ and individual&nbsp;investors’ markets in the Polish housing sector. Findings&nbsp;of the analysis provide valuable insight into the nuanced&nbsp;functioning of these market segments.","publicationDate":"2025-07-14","doi":null,"url":"https://service.tib.eu/komet/ojs330/index.php/gmdj/article/view/29","timeperiod_startdate":["2005-01-01"],"timeperiod_enddate":["2023-12-31"],"placename":"Mniszki, Łęczyca County, Łódź Voivodeship, Poland","country_code":"PL","source_details":{"id":9,"name":"geoMetadata Demo Journal","issn_l":null,"openalex_id":null,"openalex_url":null,"publisher_name":null,"works_count":null,"works_api_url":null,"default_work_type":"article"},"status":"p","status_display":"Published","authors":["Wotzka","Daria"],"keywords":["ZHB Luzern"],"topics":null,"bok_concepts":null,"bok_concepts_resolved":[],"openalex_id":null,"openalex_match_info":null,"openalex_fulltext_origin":null,"openalex_is_retracted":false,"openalex_ids":null,"openalex_open_access_status":null}}