After several consecutive quarters of exhibiting some signs of stabilization, the Philadelphia region’s housing market resumed its decline at the end of 2011. According to the latest analysis compiled for Prudential Fox & Roach by Econsult Corporation and University of Pennsylvania economist Kevin Gillen, the typical Philadelphia-area home fell in value by 3.7 percent on a seasonally- and quality-adjusted basis in the fourth quarter of 2011. This was the largest quarterly decline since the third quarter of 2010. (February 9, 2012)
 Kevin Gillen Market Commentary for
4th Quarter 2011
Philadelphia Regional House Price Indices, 2011 Q4
Philadelphia House Price Indices: Technical FAQ and Documentation
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