The most recent home sales data indicate a solidifying of the local housing market’s condition after several years of both declining sales and prices. Kevin Gillen, Econsult Vice President, provides a commentary as well as the full report and documentation in the links that follow. (January 20, 2010)
Kevin Gillen Market Commentary for 4th Quarter 2009
Philadelphia House Price Indices, 2009 Q4
Philadelphia House Price Indices: Technical FAQ and Documentation
In addition, the report received the following coverage in the media:
Reports suggest housing market stabilizing (Jan 27, 2010)
Philadelphia-area existing-home sales down in December (Jan 26, 2010)
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