Abstract:
Data and information on the Philadelphia remodeling market
Publication Date:
Wed, 2009-09-30 19:00
Article Image:
Population: 5,838,471 (2.7 percent increase since 2000)
Existing home sales: Q2 2009 sales were down 20.1 percent from 2008, but up 61.6 percent from Q1
Home prices: Down 3.06 percent from 2008; up 27.17 percent over last 5 years
Homeownership rate: 69.4 percent (No. 29 among major metros)
Median household income: $57,831
Local unemployment rate: 8.8 percent (up from 5.6 percent in 2008)
Sources: FHFA House Price Index, Pennsylvania Association of Realtors, U.S. Bureau of Labor Statistics, U.S. Census Bureau
RELATED LINKS
Podcast on the Philadelphia market with Stephen Klein of Anthony Home Improvements
The Corner Office: Gardner/Fox Associates
Making the Big Boxes Work
2007 Innovators: Power Windows and Siding
