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This new CCD/CPDC report analyzes the housing sector recovery in Philadelphia. While the pandemic impaired many parts of Philadelphia’s economy, both Greater Center City and citywide housing markets showed extraordinary resilience in the last year, buoyed by historically low interest rates and continued interest in city living.
On September 29, 2020, CPDC hosted a virtual membership meeting to discuss the findings and challenges outlined in the recent CCD/CPDC report, Getting More Philadelphians Back to Work: Business Density and the Role of Black and Minority Owned Businesses.
After decades of job loss, Philadelphia has enjoyed nine straight years of job growth that accelerated in 2014. Despite the recent upturn however, the city has rebounded more slowly than most peer cities.