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Philadelphia’s Housing Market Shows Unusual Seasonal Pattern in Q1

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May 02, 2017

Philadelphia’s Housing Market Shows Unusual Seasonal Pattern in Q1

Both price appreciation and home sales volume exhibit uncharacteristic strength.

 
May 2, 2017:  During what is typically the slowest time of year, Philadelphia homebuyers were quite active this past winter.  However, the atypical rise in both sales and prices was not evenly spread across all areas of the city.
 
Further coverage of the report is provided in today’s Philadelphia Inquirer: http://www.philly.com/philly/business/real_estate/Philadelphias-market-is-red-hot-but-not-necessarily-equal-for-all.html
 
The full report can be downloaded here: http://drexel.edu/lindyinstitute/projects-reports/reports/