Bay Area home prices soar with suburban boom

Bay Area home prices soar with suburban boom

4 years ago
Anonymous $rxtAWepgzY

https://www.siliconvalley.com/2020/10/07/bay-area-home-prices-soar-with-suburban-boom/

With millions out of work, and restaurants, shops and retailers closing, one spot in the economy shines for thriving and affluent professionals — Bay Area real estate.

As if the devastating pandemic had passed over the tech campuses, Spanish-tiled roofs and Tesla-fillled garages of Silicon Valley, luxury home sales exploded in August and drove median prices up 16 percent from the previous year to levels approaching the market peak in 2018.

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