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City housing market: brisk decline continues : City Prosper

City housing market: brisk decline continues

May 13, 2008

HallWatch.org reports, “Philadelphia home values and home sales continued to slide briskly downward this past winter. According to the latest analysis by Wharton economist Kevin Gillen, the typical Philadelphia home fell in value last quarter by an average of 2.7% after accounting for quality and season.”

Source: City housing market: brisk decline continues

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