Nation’s Strongest and Weakest Apartment Rent Growth

Apartment Rental Rates Across US

For the first time in more than 20 years, Chicago’s apartment rent growth is the highest among its major market peers over the course of three consecutive quarters. Apartment rents […]

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East Coast Mayors Call for More Office Conversions

East Coast mayors calling for more office to apartment conversions

Mayors in cities across the U.S. want to loosen rules that can slow the pace of office-to-residential conversions. In some instances, cities have offered generous tax abatements to developers who […]

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Philadelphia’s Education and Medical Economy Leads The Region’s Employment Growth

Health and education jobs surpass Philly region prepandemic report

After losing nearly 520,000 nonfarm jobs peak-to-trough in 2020, the Philadelphia region continues to surpass pre-pandemic employment levels with two industries leading the way: education and health services, and professional […]

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Center City District Says Diversifying Downtown is Key to Philadelphia’s Future

Center City District CEO Paul Levy says diversifying downtown is the key to Philadelphia's future

Three years after the start of the Covid-19 pandemic, Philadelphia’s downtown recovery has both challenges and opportunities. Office buildings have been slow to fill back up while restaurants have rebounded. […]

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Philly’s First Indoor Pickleball Center to Open in Malvern

Indoor Pickleball coming to Malvern PA

When temperatures drop and Philadelphia-area pickleball players scramble to find a place to play their increasingly popular sport indoors, they quickly find their options are limited. Not to worry, Bounce […]

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Five Below Store Openings are Slow but Moving Forward

Five Below Slow Openings But Still Moving Forward with Expansions

Discount retailer Five Below’s store expansion slowed a bit this year, but the retailer still expects to be just about on target to debut 1,000 brick-and-mortar sites in the next […]

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Inflation Puts Cost of Living in Spotlight, Philly Ranking Affordability

Cost of Living

The cost of living in the Philadelphia metro area is slightly higher than in the average U.S. market, with local residents paying more for housing and utilities but less for […]

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Retailers Cautiously Optimistic About Holiday Shopping

Covid-19 concerns are diminished, inflation worries are high. But consumers are ready to celebrate what’s for many the first so-called normal holiday season in three years, which experts say should […]

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ULI Survey Predicts Modest Slowdown, Quick Economic Recovery

Cost of Living

The Urban Land Institute’s semi-annual survey of 40-plus economists and real estate industry analysts suggest an economic and real estate slowdown are on the horizon. The survey, released every May […]

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World Series Matchup Between Astros and Phillies: A Costar Look

Philadelphia Phillies

A World Series between the Houston Astros and Philadelphia Phillies, set to start Friday in Texas, also is a matchup of two of the country’s most important commercial real estate […]

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What Geographic Increases in Remote Work from Census Survey May Mean for Office Markets

The U.S. Census Bureau released data from its 2021 American Community Survey earlier this month, including metrics that show how much work-from-home has increased since the Covid-19 pandemic. It found, […]

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U.S. Return-to-Office Rates Hit Pandemic High as More Employers Get Tougher

US Return to Work Rate Increases

Workers are returning to U.S. offices at the highest rate since the pandemic forced most workplaces to temporarily close in 2020, as infection rates continue to fall and more companies intensify efforts to bring […]

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