Will Amazon Consider Home Price Trends In Their Quest To Find A Second HQ Location?

By GEI Staff of Global Economic Intersection

The Economic Effects on Finance, Investing, Social Interactions, and Politics • Feb 10, 2018 at 2:00 PM EST

Revision of home price trends in the cities that are being considered for the “second headquarters" for online retail giant Amazon.

by Frank Nothaft at CoreLogic

CoreLogic has reviewed home price trends in the cities that are being considered for the “second headquarters" for online retail giant Amazon. All the cities on the shortlist* are experiencing home price increases.

Some cities have even exceeded the national average of 6 percent. Figure 1 represents a snapshot of the data:

(Click on image to enlarge)

*CoreLogic does not monitor the Toronto, Canada market

Whatever decision Amazon makes will certainly be a boon for the selected city. According to reports, we won’t know the final selection until later this year. We’ll be back with you then when the city is selected to take another look at the housing economy in that city.

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