September 3, 2025
Matrix Multifamily Philadelphia Report-August 2025
Philly Maintains Momentum
Advertised asking rents in Philadelphia were up 0.3 percent on a T3 basis, to $1,838, 10 bps above the national average. Developers brought 2,123 units online through June, 0.6 percent of existing stock and 80 bps below the U.S. figure.
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