A recent development in the US housing market is being driven by the growth of artificial intelligence. Cities like San Francisco are experiencing a surge in the market, with the tech industry bringing in significant amounts of money.

This influx of cash is causing housing prices to rise, with the median sale price in San Francisco reaching $1.7 million. The city's suburbs are also seeing a rapid increase in housing prices and rental properties.

Further details on this trend are available from the source, including more information on the impact of the tech industry on the housing market in San Francisco and its surrounding areas.