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2026-04-07 11:03:57
According to brokerage firm Compass, the median home price in San Francisco rose to a record $2.15 million in March, an 18% increase year-over-year. A surge in wealth generated by artificial intelligence startups has driven up home prices. Compass noted in its report that apartment prices also rose sharply, increasing by 27% to $1.36 million, just slightly below the peak of $1.375 million set in April 2022. In contrast, data tracked by Zillow Group Inc. shows that U.S. home prices rose only slightly by 0.8% in March.
