America's priciest market shows no signs of cooling

Washington

HOUSING in America's most expensive region is going to get even pricier.

For all the talk of the US tax overhaul hitting wealthy blue-state real estate, the San Francisco Bay area is set for more home-price gains. Its technology-fuelled economy and persistent housing shortage are sending values ever higher - and that may get even more pronounced as tech share sales mint millionaires in San Francisco and Silicon Valley.

"The scale of the wealth created here and the scale of the technology sector is going to outweigh the effect of the tax plan," s…