Can AI cut the US$170 billion cost of buying and selling homes?

In 2024, Americans spent about US$170 billion on real estate commissions and other costs involved in transferring ownership of homes. The Bureau of Economic Analysis estimate, cited by the Federal Reserve, is equal to roughly 0.6 per cent of US GDP. This is money spent not on the homes themselves, but largely on changing who […] The post Can AI cut the US$170 billion cost of buying and selling homes? appeared first on e27.