The Philadelphia region, having weathered the slowest year for commercial property sales in more than 10 years in 2023, now looks toward the new year with cautious optimism. Property sales over the first months of the year are projected to remain tepid, but an eventual upturn appears to be on the horizon, as overall market sentiment improves and interest rates stabilize.
Philadelphia’s Commercial Real Estate Sales Enter 2024 on a Low Note
But More Optimism Is Slated for the Year
CoStar Analytics
January 23, 2024 | 9:16 P.M.
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