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San Francisco stands out in the U.S. housing market, according to Rick Palacios Jr. While only 27% of resale agents surveyed nationally said home prices are mostly increasing month over month, 100% of surveyed agents in San Francisco reported rising prices.
Palacios Jr. highlighted the unusually strong consensus among agents in the city, noting this level of uniformity has not been seen in previous surveys.
Palacios Jr. previously discussed how geopolitical and economic shocks have erased hopes for a spring 2026 housing recovery. The recent survey results in San Francisco contrast sharply with his earlier caution. The city’s current price momentum stands out against concerns cited in earlier comments.