Zonda Urban, a real estate analytics company, reported that new home sales (i.e. pre-sales) were down 72% on a year-over-year basis. The decrease in sales is partially explained by a decrease in project launches. Langley/Cloverdale sub-markets had the highest number…
As part of eXp World Holdings’ strategic vision to strengthen its online lead generation, home search and listings portal solutions in Canada, they announced their acquisition of zoocasa.com and its parent company, Zoocasa Realty Inc., effective July 1st, 2022. Zoocasa…
From laying off 35% of its employees in April, to becoming a publicly traded company valued at $4.8 billion via merger with Social Capital Hedosophia in September, Opendoor has been the talk of the tech world as they reinvent how…
“A framework to organize, communicate, and understand the science of our world.” – Esri Global real estate is an asset class more valuable than all stocks, shares, and securitized debt combined, at $228+ trillion. There are remarkable technologies pushing the…
Big data in real estate is a prime use case for real-time stream processing—a programming paradigm that allows us to instantaneously respond to data as it arrives. It is the antithesis to batch processing, whereby all data is loaded into…
