How fast is AI innovating in real estate?
AI is developing at lightning speed. Where five years ago the first experiments took place, there are now concrete applications that are production-ready. The expectation is that AI will be a standard part of every development process within ten years.
Artificial intelligence in real estate has moved from experimental pilots to concrete applications in just a few years. Tools that were once only tested in research environments are now used for design generation, value prediction, and process automation. This rapid development is fueled by growing data availability, more powerful computing, and increased demand for efficiency in the built environment. Looking ahead, the pace of innovation is unlikely to slow. Within the next decade, AI is expected to become a standard component of every development process, much like BIM is today. OMRT anticipates this shift by embedding AI directly into its platform, ensuring clients benefit not only from today’s capabilities but also from tomorrow’s advances. This future-oriented approach gives developers, municipalities, and investors confidence that their decisions remain competitive in a fast-changing market.