Technology is ‘learning’ to look at images of property and assess the value. Chief analytics architect at CoreLogic, Scott Matthews, explains what this means for the future of buying property and the humans in the process.
Teaching Machines To Understand Property
The latest research from Eastern Sydney Cityscope shows property sales values have decreased in the past three months.
A newly released report focusing on Australia’s property auction market performance found that combined capital city clearance rates dropped to just 43.6 per cent in the 3 months to December 2018, down from 53.6 per cent over the previous quarter and 62.3 per cent over the same period a year prior.