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Archive » September 2019 » Real estate, data and models: artificial intelligence and new challenges

Real estate, data and models: artificial intelligence and new challenges

Andrea Beltratti, Alessia Bezzecchi
September 2019 - n. 9
Keywords: Real estate, mercato immobiliare, banche
Jel codes: L85, G21, G28

All sectors need to face a growing «datification» trend. An increasing part of company value is extracted from new ways of creating and assembling data and understanding them in the right way. The real estate sector has traditionally been characterized by a qualitative approach, with little systematic use of data, but the overall situation is quickly changing. The new frontiers of data creation and data use through Artificial Intelligence are likely to revolutionize real estate, with clear positive implications also for banks and financial institutions that interact on a continuous basis with the real estate sector.                                                     

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