Philadelphia Housing Index
You may have noticed, we think a lot about the value of public transportation around here. So we paid extra attention when the Inquirer and Billy Penn introduced a fascinating series on the importance of the El to Philadelphia. Weekday ridership on the El (officially, the Market-Frankford Line) has increased by 20% since 2001, and […]
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On February 16, 2017, Center City District (CCD) released their 2017 Housing Report: Building on Optimism, focusing on Philadelphia’s record number in new residential units in this past year and the incredible growth occurring in Center City. According to the report, over 2,500 new units were created in Greater Center City with a 15.5% increase […]
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The 2016 Housing Market has Benefitted Neighborhoods Across the City The ESI Philadelphia Housing Index (PHI) has been updated with data through the end of 2016, and shows that the market is still going strong. During 2016, city housing prices surged past the 2007 pre-recession peak, and by December they reached values nearly twice as high […]
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This will be our last post of 2016, as such we wanted to reflect upon the topics we have covered on Present Value this past year and share with our wonderful readers our Top 10 posts of the year. It has been a great year with many compelling contributions from Principals, Senior Advisors, Directors, Analysts […]
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With a new month comes updates to the Philadelphia Housing Index. We have now released the index through September, and Philadelphia continued its year of strong price growth. The normalized price of housing in Philadelphia in September stood at $106,000; this represents the price for a house with the average physical traits—age, square footage, lot […]
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We are now a week removed from the 2016 Presidential election, with an outcome that surprised a lot of poll watchers (though perhaps we should have been less surprised). Much of the pre-election talk was about Pennsylvania as a swing state, and Philadelphia specifically, as the democratic bastion that could carry the state. Well, how […]
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