For this month’s Philadelphia Housing Index (PHI) blog post, we took a look at new construction permit data from Philadelphia’s Department of Licenses and Inspection to see how Philadelphia’s development pipeline performed during the COVID-19 pandemic and which neighborhoods showed the most construction permitting activity in the past year. We filtered the data to examine […]
Read MoreAs the global pandemic challenged the world order and the US economy suffered its biggest blow since the Great Depression in Q2 2020, the housing market in the US and in Philadelphia briefly experienced a decline in spring due to the stay-at-home orders. After strong housing index growth through February 2020, the Philadelphia Housing Index […]
Read MoreIn our last Philadelphia Housing Index (PHI) Present Value blog post, we took a look at the trend of this year’s housing market since the pandemic started. Our analysis showed that the housing market peaked in April likely because transactions that took place in that month had been in process before much of the economy […]
Read MoreThe last time we featured the Philadelphia Housing Index (PHI) in a Present Value blog post, we were in simpler times—back in February and talking about the future trajectory of the Far Northeast. It is not news to point out the substantial slowdown in home sales on account of COVID-19’s disruption or the slower pace […]
Read MoreAs far as Philadelphia neighborhoods go, the Far Northeast often goes unmentioned when talking about economic development or real estate activity. But as an urban planner (and someone who spent their formative years living there), I thought it would be worth focusing an edition of our Philadelphia Housing Index (PHI) Present Value blog on some […]
Read MoreIf you’ve been following our Philadelphia Housing Index (PHI) posts, you may have noticed one neighborhood we have not spent a lot of time talking about has been Brewerytown. But in the last 2 years, this neighborhood has seen a significant rise in its PHI and growth in the home sales activity that it’s worth […]
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