Housing tends to be a key part of household wealth, but despite its importance, it has been difficult to measure the value of a property. In a new article, researchers have studied the impact of a popular machine-learning pricing algorithm on the U.S. housing market. The study found that overall, the algorithm benefited the market. Housing tends to be a key part of household wealth, but despite its importance, it has been difficult to measure the value of a property. In a new article, researchers have studied the impact of a popular machine-learning pricing algorithm on the U.S. housing market. The study found that overall, the algorithm benefited the market. Economics & Business Phys.org – latest science and technology news stories
Machine learning algorithm that predicts properties’ values benefits housing market, says study
