AI tools gain traction in real estate tech as proptech market forecasts growth

Delta Media Group says it has integrated Frontier AI into real estate websites to enable conversational lead generation, according to citybiz. The company claims the tool improves customer interaction, but no independent evidence is provided to verify its performance or impact on conversion rates. RoostHaven was included among nominees for the 2026 Inman Best of Proptech Awards in four areas, EIN Presswire reported, though the nomination does not confirm the effectiveness of its AI systems. The broader property technology market is projected to grow at a 15.6% compound annual growth rate through 2030, EIN Presswire reported, driven in part by increased adoption of AI tools by firms seeking efficiency. Sammy Pahal of the UK PropTech Association told Property Week that a gap remains in AI readiness across the industry, suggesting many firms lack the infrastructure or expertise to deploy these tools reliably. Meanwhile, AI is being used by banks to assess business loan applications, PYMNTS.com reported, raising questions about how algorithmic decisions may affect transparency, bias, or access to credit for small business owners and real estate investors. The rise of these technologies benefits companies selling AI platforms and lenders seeking faster underwriting, but consumers and agents may face risks including data privacy concerns, errors in automated valuations, or reduced human oversight. No sources provide data on error rates, user complaints, or job displacement tied to these tools.