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

ICYMI: Report finds widespread overbidding as rapid AI growth generates increased wealth in city where housing is scarce

San Francisco’s AI boom has buyers spending unprecedented amounts of money on homes – much more than sellers are asking for.

A new analysis from real-estate brokerage Compass, found that in the first half of 2026, more than 140 homes in the city sold for at least $1m above their asking price, 44 of them in June alone. Continue reading…
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