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Big Data and Real Estate Markets

How does the introduction of disruptive technologies and big data impact urban real estate markets?

In a Urban Big Data: City Management and Real Estate Markets, new report co-authored by Richard Barkham (CBRE), Sheharyar Bokhari, and Albert Saiz (DUSP and MIT Center for Real Estate), the vast potential of urban big data projects to influence real-estate markets is examined in depth. They explore how trends in smart city technologies are likely to continue to drive urbanization and power centralization in major global metropolises while simultaneously providing gateways for developing cities to access to bypass traditional models of infrastructure growth by adopting smart technology into their development process.   

Will the ubiquity of new urban information systems drive centralization by making urban centers more attractive and/or promote suburbanization by easing and increasing access across geographic space? Read their full report here