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Stock impact report

Redfin Reports San Francisco Home Prices Jump Most in 8 Years Amid AI Boom

Rocket Companies, Inc. Class A (RKT) 
Company Research Source: Business Wire
San Francisco reclaimed its title as the most expensive major metro to buy a home in MarchNationally, the housing market remained sluggish as high costs and economic uncertainty gave buyers and sellers pause SEATTLE--(BUSINESS WIRE)--The median home sale price in the San Francisco metropolitan area jumped 14.4% year over year in March to a record $1.7 million, according to a new report from Redfin, the real estate brokerage powered by Rocket.That’s the largest increase since March 2018 and the biggest gain among the 50 most populous metro areas. San Francisco has now reclaimed its title as the major U.S. metro with the highest home prices, eclipsing neighboring San Jose, which held that title for much of 2024 and 2025.Condo prices in San Francisco rose particularly quickly, posting a 24.4% year-over-year increase last month—the largest since 2013.San Francisco’s housing market has been heating up as a boom in the artificial intelligence industry and a return to the office have coin Show less Read more
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