San Francisco Residential 5+ Unit Building Q3 Report

Nasdaq Composite Index Since January 1995

Updated through 10/3/25

10,000 11,000 12,000 13,000 14,000 15,000 16,000 17,000 18,000 19,000 20,000 21,000 22,000 23,000

2025

“The Nasdaq Composite Index is a market capitalization- weighted index of more than 2,500 stocks listed on the Nasdaq stock exchange. It is a broad index that is heavily weighted toward the important technology sector.” Investopedia.com The Nasdaq hit a new all-time high in early October 2025. The S&P 500 Index, not illustrated here, also hit a new peak. Changes in stock market values have a large impact on housing markets, especially more affluent, higher price segments.

2024

2021

▲ Tariff shock

▲ Interest rates soar

0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000

2018

▲ Pandemic hits

2015

2000

2007

1995

Per https://fred.stlouisfed.org/series/NASDAQCOM. Because of number of data points, not every week has a separate column. Data from sources deemed reliable but may contain errors and subject to revision. For general illustration purposes only.

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