Real Estate

1 Post

Animated image showing different Zillow listings
Real Estate

Price Prediction Turns Perilous: How Covid Broke Zillow's Pricing Algorithm

The real-estate website Zillow bought and sold homes based on prices estimated by an algorithm — until Covid-19 confounded the model’s predictive power. Zillow, whose core business is providing real-estate information for prospective buyers, shut down its house-flipping division after...
2 min read

Subscribe to The Batch

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