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Philly’s Sluggish Housing Market Due to High Mortgage Rates, Home Prices

Ethan Hoover
/
Unsplash

Philly’s housing market is slow right now. Spring is typically a hot season for homebuyers and homesellers, but high mortgage rates and home prices continue to stifle the market in most zip codes in the city. WHYY’s Aaron Moselle has more.

Read the full story here.

(Original air-date: 5/12/23)

Aaron Moselle covers housing and community development for WHYY’s PlanPhilly, filing stories for both radio and web. He’s a city native and calls South Philadelphia home.