Figures
Philadelphia Multifamily Figures Q4 2025
February 3, 2026 2 Minute Read
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· The Greater Philadelphia region absorbed 8,599 units in 2025, with the city capturing over half.
· The development pipeline thinned, easing pressure from years of heavy deliveries.
· Homeownership barriers kept renters in place, supporting steady absorption.
· Suburbs outperformed with higher occupancy, steadier rent growth, and limited supply.
· Investors favored suburban assets, while city softness created selective opportunities.