Home prices typically decline when economic activity constricts—but not in 2020. The economic downturn resulting from the COVID-19 pandemic has coincided with a booming housing market. Existing-home prices for all housing types jumped 15.5% year over year in October to $313,000, according to the National Association of REALTORS®.
Home prices at all market levels are accelerating at the fastest rates in the past six years. The lowest price tier saw an increase of 10.9% year over year in October compared to 9% for the low- to middle-price tier, 8.5% for the middle- to moderate-price tier, and 7.4% for the high price tier, according to CoreLogic data.
All states showed annual price increases, but Maine led the 50 states with a 14.9% hike in appreciation. Idaho (13.1%) and Arizona (12%) followed. New York saw some of the lowest annual increases in October, but prices there were still up 2.6% year over year. On a metro level, the following large cities saw some of the highest price gains in October annually:
Amazon Expands Footprint at Wynwood Plaza to Over 75,000 Square Feet By: Oscar Nunez 8:00 am on July 11, 2025 L&L Holding Company and Oak Row Equities, along with project partner Shorenstein Investment Advisers and co-investor Claure Group, have announced an expansion of Amazon’s lease at Wynwood Plaza in Miami’s Wynwood Arts District. The tech giant will now occupy more than 75,000 square feet at the 12-story office tower, which is nearing completion.The announcement builds upon Amazon’s initial January lease of 50,333 square feet at the one-million-square-foot mixed-use development. The office building recently received its Temporary Certificate of Occupancy (TCO) from the...
The Miami City Commission last week unanimously approved the Wynwood Norte Neighborhood Revitalization District. (Rendering via Plusurbia) UPDATED, April 2,...