And sure, it sounds somewhat invasive, but it’s not always that dangerous. In my proptech company, for instance, we are able to analyze market developments and shopper preferences to offer tailored property recommendations to our users Real Estate News. It’s an example of how data can empower buyers and sellers with the knowledge they should make assured decisions. In just a few a long time, the true estate panorama has transformed drastically.

  • Maintaining its exponential growth trajectory, the sector witnessed transactions value a report Dh528 billion in 2022, a 76.5 per cent increase from 2021.
  • This is witnessed as a result of need for industrial stability, increased ROI and favourable regulatory reforms.
  • According to Bill Adams, chief economist for Comerica Bank, home costs are forecast to rise modestly in 2024 as excessive mortgage rates restrain buying energy and gross sales.
  • Current listings embrace “Full House” creator Jeff Franklin’s Cielo Estate at $59.99 million and Sugar Ray Leonard’s Pacific Palisades estate at $39.99 million.