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.
Will Money Pool Move the Housing Needle?
Developers and brokers say a new, albeit small, pool of state funding called the “Momentum Fund” will break through a logjam that’s severely reduced groundbreakings of major multifamily projects.
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.
Will Boston Multifamily Hit Its Own ‘Wall of Maturities’?
The nation’s multifamily owners are facing a financial crunch as they try to refinance construction and other loans. But Boston is likely to see a lot less distress than Sunbelt cities, experts say.
Boston Multifamily Operators Battling Rising Insurance Costs
Multifamily operators are seeing their properties’ running costs continuing to grow, albeit at a slower rate than in years past according to a new report from real estate data firm Yardi Matrix.
Two More Years of Declines Seen for Boston Office Market
Persistence of the hybrid work model is expected to translate into continuing declines in office occupancy and rents across the U.S.
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.
BPDA Seeks Downtown Conversion Options as Housing Lags
The Boston Planning & Development Agency is seeking real estate consultants to study the potential for office conversions in the downtown area, an area in which Boston lags many cities.
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.
Freddie Mac: Boston Will See Big Drop in Multifamily Vacancy in ’22
A new forecast of the nation’s multifamily markets’ performance says Boston will see one of the biggest declines in vacancy rates among the nation’s major metro areas in 2022.
Report: Boston Has Third-Most Expensive One-Bedrooms in Nation
A new report from rental portal site Zumper shows Boston has retained its spot as one of the most expensive rental markets in the nation, despite the pandemic’s disruptions.
Outlook Brightens for Apartment Landlords Amid Rising Rents
Things are starting to look up for owners of big apartment communities more than a year after the pandemic knocked the economy into a recession and left millions of Americans unemployed and struggling to pay rent.
Boston Rents Decline As Secondary Markets Post Gains
Boston is the third-hardest-hit apartment market in the U.S. while secondary markets such as Portland, Maine have seen recent rent gains, according to a new report.
Greater Boston Rents Keep Sliding
The latest report from real estate data firm Yardi Matrix shows rents in Boston continued to slide downward last month.
Yardi Sees Slight Decrease in Greater Boston Multifamily Rents
Greater Boston rents may decline nearly 1 percent by the end of the year, a new report from Yardi Matrix has found.
Waltham Leads State in 2019 Apartment Rent Increases
Average apartment rents in Waltham registered the largest increase among Massachusetts cities, according to a new survey of multifamily properties by Rent Cafe.
Boston Remains Popular for Relocating Renters, Despite Costs
Apartment rents in Greater Boston rose another 3.6 percent during 2019 and the region remains one of the top U.S. destinations for transplants, according to a pair of industry reports.
Study: Renters in Boston, Cambridge Paid Twice National Average in April
Renters in Boston and Cambridge were paying twice the national average in April at over $3,000 per month.
Seaport Rents Have Grown by 1.8 Percent Compared to Last Year
Boston’s Seaport neighborhood rents have grown 1.8 percent year over, according to Rent Café’s analysis of 130 markets and 15 million rents from Yardi Matrix.
Rents Remain Flat in December
U.S. multifamily rents did not change in December, remaining at $1,359, and ended the year up 2.5 percent.
