High Mortgage Rates Set to Drive Equity Residential Rent Hikes
One of Greater Boston’s largest apartment landlords said high mortgage rates are keeping tenants out of the home ownership market longer and driving recent rent increases.
Suburbs Lead Latest Round of Apartment Rent Increases
by Steve Adams | Jul 6, 2023
Apartment rents in Greater Boston rose the fastest of the 51 largest U.S. metros during the past six months, with rapid acceleration in suburban markets such as Medford, Norwood and Woburn.
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