Artificial Intelligence and Machine Learning in Property and Real Asset Valuation: Policies, Practices and Emerging Trends

Artificial intelligence (AI) and machine learning (ML) are reshaping property and real asset valuation, delivering gains in accuracy, efficiency and scalability. This chapter analyses the integration of AI‑driven valuation tools and their alignment with SDGs 9 and 11, highlighting how these technologies can strengthen decision‑making and streamline valuation workflows.

It also examines persistent challenges—transparency, data quality and algorithmic bias—and shows, through case studies from Australia and Canada, why strong regulatory frameworks and industry collaboration are essential for ethical and effective adoption.

As AI‑ and ML‑enabled valuation continues to evolve, policymakers, industry stakeholders and valuation professionals must address governance and accountability to ensure responsible, trusted and sustainable implementation. The chapter concludes with targeted recommendations to guide the integration of AI while upholding professional standards.