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What Do Data Trends Reveal About Office Market Conditions?

Propmodo Technology
By Franco Faraudo · March 5, 2024
Greetings,
Tariffs have dominated the headlines this week, contributing to significant market volatility and financial losses, particularly in sectors reliant on imported hardware. While a trade war inevitably increases costs for manufacturers and consumers of physical technology components, it has not slowed the rapid growth of the software industry. AI-driven advancements continue to fuel expansion, with software firms largely insulated from supply chain disruptions and tariff-related price hikes affecting hardware production.
Let’s go!
Bytes
💫 CoStar Rising
CoStar has finalized its $1.6 billion purchase of 3D imaging company Matterport. The move will instantly make CoStar a player in the growing digital twin market and will further help its aggressive expansion into residential real estate data.
🔪 PropTech’s Role in DOGE
It has been revealed that one of the senior advisors to DOGE is the COO of a real estate technology company called Kukun that is attempting to “leverage AI to grow home equity.”
💻 BYOTech
A recent study shows that, despite the advancements in workplace tech, 89% of employees admit that they prefer using their personal devices and apps for work because they find them easier to use than the ones provided for them.
Podcast
Overheard
Like 48194 ai companies are working on lease abstracting right now
— StripMallGuy (@realEstateTrent)
8:28 PM • Mar 4, 2025
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Propmodo Technology is edited by Franco Faraudo with contributions from readers like you and the Propmodo team.
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