Philadelphia Home Demand Index, May 2021 update
Hi all,
New data from Bright for May 2011.
Buyer demand was in the High category in all market segments except lower-priced single-family homes where demand remained in the Limited category. Demand for single-family homes priced above $485,000 was particularly strong. Inventory conditions remained very tight among most types of homes tracked by the Index. The months supply ranged from 1.1 for mid-priced single-family homes to 4.1 for higher-priced condos. Except for a decline in higher-priced condos, the months supply was little changed for each type of home compared with April.
You can find full data with the graphs at https://www.homedemandindex.co...
Cheers,
Yuriy