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Conditions prior to the current crisis. Philadelphia will rebound; underlying fundamentals remain strong. When recovery comes, we have strengths to build on, challenges to address.

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.

Center City Philadelphia continues to demonstrate its robust growth trajectory with 64 major development projects either completed, under construction, or in planning stages. The just-released 2026 Center City Real Estate Development Report provides images and key details for these projects.

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.