The Chonkerton

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

tech

According to The Guardian, San Francisco's artificial intelligence boom is fueling an unprecedented housing frenzy. In the first half of twenty twenty-six, more than one hundred forty homes sold for at least one million dollars above the asking price, with forty-four of those sales in June alone. That surge reflects rapid AI wealth colliding with limited housing supply—driving buyers to bid aggressively, sometimes wildly, over the asking price.

Source: https://www.theguardian.com/us-news/2026/jul/07/san-franc...

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