- Miller Samuel Real Estate Appraisers & Consultants - http://ms.clash.outthinkgroup.com -

Real Estate Brotherly Love: 2nd Quarter 2006 Market Report For Philadelphia, PA

[This quarterly market report is provided by Dr. Kevin Gillen, an economist at the Real Estate Department of the Wharton School and Fellow of the University of Pennsylvania. He analyzes the Philadelphia real estate market using the city’s real estate database through Hallwatch [1], a watchdog group. The results are published in a research paper called Philadelphia House Price Indices each quarter as a public service to the Philadelphia real estate community. Here’s his methodology [pdf]. [2]

Its informative and I am glad I am able to present his efforts on Matrix] -Jonathan Miller

Download the full report [pdf] [3]

The Philadelphia real estate market posted normal gains but inventory is up 50% in the second quarter.

More discussion concerning the report [Hallwatch.org]. [4] Hallwatch [1] is a private and independently maintained watchdog website that does a lot of in-depth, independent and investigative pieces on city politics, as well as real estate.