Business & Enterprise3 min reading time

‘Absolutely bananas’: San Francisco homes sell for $1m above asking price amid AI boom

The Guardian
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San Francisco's AI boom has driven a surge in home prices, with over 140 homes selling for at least $1 million above asking in early 2026. This demand is linked to tech hiring, migration, and upcoming IPOs from companies like OpenAI and Anthropic, pushing median home prices up 17% year-over-year amid shrinking inventory.

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