As one of the last markets to adopt digitalization, the real estate industry is actively supplementing digitalization by following the most popular trends in real estate technology. More startups may raise money using AI and ML, one of the hottest trends in PropTech.
The industry is already at its peak, thanks to financial investments, new models, and regular features of the real estate platform.
By 2050, the urban population will increase by 75% to 9.3 billion.
This means that real estate platforms are the most popular and most developed.
Top 5 Real Estate Business Trends in 2021
Every year we hear a lot of assumptions about the real estate industry. Some are justified, while others are shown to be false beliefs. Some people thought that 2020 would be the year of the collapse of real estate technology by Covid19. But the market has only fallen slightly. Today, everything is gradually returning to normal. Now, in 2021, we can see this state-of-the-art industry revive.
- Millennials are a major commercial shopping group
- The new business model for the real estate industry
- Global digitalization of the industry
- Local market focus
- Change real estate priorities to encourage business ideas
Source https://sloboda-studio.com/blog/real-estate-trends
