IMA Learning Centre

The use and benefits of AI and machine learning are building momentum throughout the global property assessment industry. Property Valuation Services Corporation (PVSC), the assessment authority for Nova Scotia, has successfully developed and integrated advanced statistical analysis (machine learning) as its primary tool for residential valuation and used predictive modelling to build operational efficiencies. With data underpinning most aspects of property valuation, the potential of AI and machine learning – valuation and validation models, dashboards and reports, predictive text and visual generators – are endless, and the requirement for industry collaboration, research, and standards is growing. Join PVSC's Chief Data Scientist Ashley Wu as she shares their machine learning journey, valuation model successes and lessons learned, and her current exploration of machine learning optimization for quality assurance.