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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 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 […]
Read MoreUsing the PHI to Identify Investment With all of the buzz about the federal Qualified Opportunity Zone (QOZ) program, we thought it would be interesting to see how various neighborhoods—census tracts, actually, with designated QOZs are behaving from a single-family housing perspective. National research describes a spike in sale prices in houses in QOZ neighborhoods, […]
Read MoreMany news sources are showing that home construction started to slow down nationally at the end of 2018, with single-family permits dropping by 6.7 percent. With that in mind, we wanted to see how Philadelphia’s construction activity compared year-over-year, and also how it was fairing early on in 2019. Last year, we took some time […]
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