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 geczy


AI is reshaping the way we buy, sell and value homes

#artificialintelligence

The housing market continues to defy gravity. Sales of existing homes rose more than 10% last month compared to a year ago, hitting their highest level since December 2006, according to the National Association of Realtors. And now, more than ever, people are relying on online platforms to search for -- and even buy -- houses. And that opens the door for artificial intelligence to play a bigger role, like using computer vision to create real estate listings based on photos. I spoke with Christopher Geczy, a professor at the Wharton School of the University of Pennsylvania who teaches about real estate and insurance technology.