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PropTech, short for Property Technology, is revolutionizing the real estate industry, driven by significant technological advancements and market demands.
These innovations are transforming how properties are bought, sold, managed, and invested in.
90% of homebuyers start their property search online. Digital platforms have made property listings and virtual tours widely accessible.
Crowdfunding and fractional ownership platforms have democratized real estate investment, attracting over $10 billion in investments globally by 2023.
Real estate tokenization, using blockchain technology, has facilitated the trade of real estate assets worth over $2.5 billion as of 2023.
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