The Bay Area housing market is heating up once again thanks to rising incomes, an AI boom and a return to the office, according to a report from Redfin .

The real estate brokerage says pending home sales in San Francisco last month jumped 17.1% year over year to the highest September level since 2021, the biggest jump among major metros in the U.S.

Nationwide, pending sales rose less than 1%, the report shows.

Bay Area home sales also were faster than any other metro area, according to Redfin's report. In San Jose, the typical home for sale was under contract in 19 days. San Francisco was second at 21 days, the city's quickest September pace since 2021.

Nationally, the typical home sat on the market for 50 days, Redfin's data shows.

Home affordability is improving in the Bay Area, a

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