Research on Real Estate Price Index Forecasting Based on ARIMA Model: Taking Los Angeles as an Example

This study uses the ARIMA model to forecast and analyze potential future changes in the Los Angeles housing price index. Los Angeles, as a large city in the United States, has a significant impact on the U.S. economy due to its real estate market fluctuations. For the purpose of providing investors and decision-makers with meaningful data, this study forecasts future changes in the Los Angeles house price index using the ARIMA model. This approach can provide investors and policy makers with reliable forecasting results to better understand the future trends of the Los Angeles real estate market. The findings suggest that the Los Angeles house price index is likely to remain stable in the future, but may fluctuate due to various factors such as economic changes, government policies, and natural disasters. Investors are advised to focus on long-term investments and diversify their portfolios to reduce risk. Investors are advised to diversify their portfolios and take a long-term investment view to reduce the potential impact of short-term market volatility.