AI Boom Sends San Francisco Home Prices to Record High

Redfin said the city’s booming tech sector and tight inventory helped make it the nation’s most expensive major metro.
AI Boom Sends San Francisco Home Prices to Record High
A view of San Francisco, in this file photo. Don White/Getty Images
Bill Pan
Bill Pan
Reporter
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San Francisco’s housing market continued to heat up in March as the artificial intelligence boom generated new wealth and high-paying jobs, according to a report from Redfin.

The real estate brokerage said on April 16 that the median home sale price in the San Francisco metropolitan area jumped by 14.4 percent year over year in March to a record $1.7 million, the biggest increase since March 2018.

Bill Pan
Bill Pan
Reporter
Bill Pan is an Epoch Times reporter covering education issues and New York news.