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AI-Driven Hiring Fuels Real Estate Boom, Reshaping Local Markets

2025-09-10 12 Dailymotion

AI talent growth is reshaping real estate markets across North America, according to CNBC. The pool of AI-skilled workers grew by more than 50% from mid-2024 to mid-2025, reaching 517,000. San Francisco, New York, and Seattle account for 35% of the total, according to a CBRE analysis of LinkedIn data. The New York metropolitan area added 20,000 new AI-skilled workers over the past year, the largest gain by absolute numbers. Atlanta, Chicago, Dallas-Fort Worth, Toronto, and Washington, D.C. each recorded year-over-year growth of 75% or higher. The concentration of AI talent is fueling office leasing, residential rent hikes, and even retail demand. Tech salaries in AI are also keeping pace with rising apartment rents in top markets, with Manhattan workers spending 29% of income on rent and Bay Area workers 19%.