Digital tools are likely to reduce speculation over time. Data traditionally not available to many developers, such as traffic information from GPS, can identify hyperlocal trends that show how an area is changing.
Whilst Searchcommercial work tirelessly to bring this data to our clients, more new sources continue to emerge. These will assist developers to make better predictions about areas with potential for price appreciation.
An example is the Tel Aviv-based startup Skyline AI, that is democratizing real estate investments with machine learning and data analysis techniques that support investment decisions.
Source: McKinsey — Getting ahead of the market: How big data is transforming real estate