Members-Only Information Center
YOUR BIA MEMBERSHIP GIVES YOU EXCLUSIVE ACCESS TO OUR ONLINE MEMBER INFORMATION CENTER.
Log in to learn about fellow members, update your profile, register for events, and much more. See below if you do not know your user name and password or need to create an account.
Member Login
Region’s Housing Market Continues to Show Signs of Moderation in Q4
March 03, 2017
Region’s Housing Market Continues to Show Signs of Moderation in Q4
But, Philadelphia County continues to outperform both its suburbs and other U.S. cities.
March 3, 2017: After moving in different directions for several periods, the house price indices for both the City of Philadelphia and Suburban Philadelphia declined by 0.8% in Q4 of 2016. This implies that the typical home in both markets fell in value by 0.8%, although this number is not considered meaningfully different from zero. This modest decline follows another deceleration in the region’s house price appreciation that occurred in Q3, after what appeared to be several quarters of robust price growth, especially in the city.
The full report can be downloaded here: http://drexel.edu/
Coverage of the report in today’s Philadelphia Inquirer can be read here: http://www.philly.com/philly/
But, Philadelphia County continues to outperform both its suburbs and other U.S. cities.
March 3, 2017: After moving in different directions for several periods, the house price indices for both the City of Philadelphia and Suburban Philadelphia declined by 0.8% in Q4 of 2016. This implies that the typical home in both markets fell in value by 0.8%, although this number is not considered meaningfully different from zero. This modest decline follows another deceleration in the region’s house price appreciation that occurred in Q3, after what appeared to be several quarters of robust price growth, especially in the city.
The full report can be downloaded here: http://drexel.edu/
Coverage of the report in today’s Philadelphia Inquirer can be read here: http://www.philly.com/philly/
