What the numbers did this month, and what they did not do.
The Fed held steady on July 29 and mortgage rates rose anyway. July's Northwest Philadelphia numbers ran on the same contradiction: fewer closings, more homes under contract and a market that stays weird.
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Philadelphia agents are calling this market weird: rising supply, longer sits and bidding wars at the same time. Five zip codes of Bright MLS data show all three.
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435 homes closed across Northwest Philadelphia and eastern Montgomery County in Q2 2026, up 46 percent from Q1. The charts tell the story of the spring market.
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HomeServices of America's new white paper says future buyers are being locked out. Here's how it reads against June data for first-time buyers in Northwest Philadelphia.
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June 2026 numbers for the Northwest Philadelphia housing market, from mortgage rates to neighborhood prices in Mt. Airy, Chestnut Hill, Roxborough, and beyond.
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