The Philadelphia area is among the country’s metros with the largest median home price increases in September, writes Prashant Gopal for Bloomberg.
The Philadelphia region is third in the nation, behind only Fairfield County, Conn., and Memphis, with a 23.6 percent increase in median home prices last month.
The rise in prices is more pronounced in the suburbs, as people continue to leave the tight quarters of the city to search out more living space in surrounding counties that are also closer to nature.
Read more about the rise in median home prices at Bloomberg by clicking here.
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