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In the first and second quarters of 2022 Cupertino house prices reached an all-time high as buyers purchased before an expected interest rate increase. Prices then dropped until the first quarter of 2023. Then, even during a year of interest rate increases, house prices have risen from their fourth-quarter 2022 low back to their all-time… Read more: House Prices Return To All-Time High In Cupertino

Looking at the new homes built in Silicon Valley by the five largest builders in 2020 shows: 316 townhouses built, 230 condos built, and 148 single family houses built. Townhouse construction surpasses both single family and condo construction. With local cities having height restrictions, townhouses can be built to the same density as condos. If… Read more: New Townhouse Construction Greater Than Single Family Or Condo