Philadelphia Home Demand Index, May 2021 update

[Yuriy Skripnichenko]

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