Apartment Rents Trending Downward in Some Boston Suburbs
Apartment rents are trending downward amid a wave of new buildings coming online, including a 3.6 percent annual decrease in development hotspot Everett.
Boston Apartment Rent Hikes Plateau After New Deliveries
Greater Boston renters are getting some relief from apartment rent hikes following completion of a series of new developments, with vacancies in Allston-Brighton hitting double digits.
Housing Report Card Gives Mass. ‘Incomplete’ Grade
Massachusetts is unlikely to meet the Healey administration’s goal for 220,000 new housing units’ completion by 2035, according to a new report analyzing the state of the residential real estate market.
Greater Boston Apartment Rents Set New High
Apartment rents shattered another barrier in Greater Boston, reflecting the steep downturn in construction of new developments since 2022.
Local Apartment Rents Rising at Twice National Average
Greater Boston’s pricey rental housing market is getting even more unaffordable, with rents rising at double the national average over the past year.
Boston Rents at All-Time High as Building Hits Decade Low
Across the Greater Boston region, average asking rents of $3.80 per square foot represent an 11 percent increase over those that opened in mid-2023, according to commercial brokerage Colliers.
Broker Sees Chance of Rent Declines in Boston
As the prevalent September lease rollover date approaches, Boston renters could see some relief for the first time since the pandemic.
Citing Less Construction, Major Boston Landlords Plan Big Rent Hikes
Executives with Equity Residential and AvalonBay told stock analysts that low rates of housing production in Massachusetts let them raise rents nearly 5 percent year-over-year.
New Rent Numbers Prove YIMBYs Right
The laws of economics apparently work differently in Massachusetts than in red states like Texas, according to some progressives here. Maybe they should look at some interesting new numbers released by Redfin and Zillow?
Apartment Rents Set New High Water Mark
Apartment construction activity in Greater Boston hit a decade-long low and asking rents set another record in the first quarter.
Boston Apartment Rent Increases Led U.S. in April
Greater Boston’s apartment market has the highest rent increases among the 30 largest metro areas in the U.S., reflecting increases in both the high-end and “rent-by-necessity” categories.
New Supply Cools Off Boston Rent Increases
Apartment vacancies rose to their highest levels in three years as developers delivered 8,700 units in eastern Massachusetts during the past year.
Greater Boston Apartment Deliveries Lag U.S.
The current pace of apartment construction in Greater Boston trails all major U.S. markets except for New York City and Los Angeles, while rents rose 3.1 percent in the past year.
Local Apartment Construction Dips 20 Percent
Greater Boston apartment rents are rising at an annual rate of 3 percent, and further increases are likely waiting in the wings, according to a new report on the multifamily market.
Greystar Project Reflects Strong Apartment Absorption
Leasing activity at what will grow to a 1,900-unit apartment portfolio in Everett by developer Greystar is confirming strong demand for new rental properties in Greater Boston.
Boston Leads Nation in Rent Increases
In contrast to other high-priced coastal metros, Greater Boston’s larger multifamily buildings remain immune to relief from continuing apartment rent increases heading into the spring market.
Report Tracks Uptick in Apartment Vacancies, Rent Moderation
A new report indicates that Greater Boston’s normally resilient apartment market is facing headwinds from the economic slowdown, with vacancies rising and rent growth deaccelerating.
Luxury Apartment Landlords Report Big Rent Increases
A pair of publicly-traded apartment landlords reported big rent gains at their Boston-area properties, while a national research report said rent growth is slowing after 18 months of record-breaking increases.
New Brighton Apartment Complex Sold for $145M
A private equity firm has paid $145 million to acquire a newly-completed apartment complex on Soldiers Field Road in Brighton.
Big Apartment Landlord Reports Double-Digit Rent Increases
One of Greater Boston’s biggest apartment landlords said average rents have risen by double-digits in the past year, with “robust pricing power” driving increases earlier in the year than usual.
