San Francisco led U.S. metros with a 9.2% year-over-year rise in median home prices, driven by luxury sales fueled by the AI boom. Pittsburgh and West Palm Beach followed with increases of 9.1% and 8.6%, respectively. San Francisco and West Palm Beach also saw a 23% rise in closed home sales. In San Francisco, tech workers are paying premiums, sometimes up to $1 million above asking price, with some sellers even accepting AI company stock as payment.