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San Francisco home sales rise 9% y/y in July while Seattle falls 9%

Home sales jumped 9% year over year in San Francisco in July, Redfin says, while sales fell 9% in Seattle. The two tech hubs are often influenced by tech hiring, market swings, remote work and mortgage rates.

Home sales jumped 9% year over year in San Francisco in July, Redfin says, while sales fell 9% in Seattle.

Two of America's leading tech hubs, their markets have often responded to the same forces: tech hiring, stock-market swings, remote work and mortgage rates.

But San Francisco is backed by AI w…