Core Logic

1 Post

Different charts related to AI-assisted home purchases in the U.S.
Core Logic

Algorithm as Real Estate Agent: Algorithmic Buyers Purchased 1 percent of U.S. Homes in 2021

House sales priced by algorithms account for a small but growing portion of the real estate market. Companies that use algorithmic pricing models to buy and sell houses purchased roughly double the volume of transactions in two years. However, these deals may not benefit typical home buyers.

Subscribe to The Batch

Stay updated with weekly AI News and Insights delivered to your inbox