Marcus & Millichap’s 2nd Quarter Multifamily Research Market Report for the Philadelphia Metro Area has been released. The Philadelphia apartment market is off to a strong start in 2017, as job growth aids household formation, underpinning apartment demand.
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Marcus & Millichap’s 4th Quarter Multifamily Research Market Report for the Philadelphia Metro Area has been released. Elevated apartment absorption drops vacancy and improves rents. Development activity contracts in Center City, but expands throughout the suburbs.
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