OMB Individually Reported

Commercial Real Estate Index

Low riskExact public inventory row

Description

Synthesize commercial real estate data points into a comprehensive market index for improved market monitoring

Detailed example

A principal component, which then gets used as the index

AI / analytics pattern

Classical/Predictive Machine Learning: Models trained on data to make predictions or classifications based on identified patterns or relationships.

Automation level / stage

c) Deployed – The use case is being actively authorized or utilized to support the functions or mission of an agency.

Expected benefit

Identify principal component using various data points to create a market index for commercial real estate

Controls / human review

ATO: Yes; PIA: Not published

Data needed

External – Real Estate