Marcus & Millichap’s 2nd Quarter 2023 Multifamily Market Report for the Philadelphia Metro Area has been released. New Jersey Suburbs have been aided by minimal new construction, despite ranking as some of the metro’s tightest submarkets. Meanwhile in Philadelphia, robust inventory gains are affecting fundamentals in the short-term.

Click the link below to view the full report. If you would prefer to view a hard copy of the report, or if you would like to view a report for a market other than Philadelphia, please give us a call at 215-531-7021.

2nd Quarter 2023 Multifamily Market Report – Philadelphia