Economists: Expect Buyer’s Market by 2023
A majority of housing economists expect the nation’s housing market to swing “firmly” in buyers’ favor before the end of 2023.
Rent Collections Soften as Extra Unemployment Money Ends
With the $600 federal boost to unemployment benefits having run out on July 31, indications suggest rental collections at large apartment complexes are beginning to suffer, a leading landlord trade group said.
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.
Boston Rent Increases Slow, City Statistics Say
Boston Mayor Marty Walsh says the city’s construction boom is bearing fruit in the form of slower rent increases.
Real Estate Is in for a Rough Ride
A progressive backlash against New York’s powerful real estate industry could provide a preview of things to come here in Massachusetts, where activists are increasingly turning their wrath on developers and landlords.
Apartment Construction Can’t Keep Up with Rents
Greater Boston’s position as one of the priciest rental markets in the U.S. appears secure, even as developers add more than 5,000 new apartments to the local inventory this year.
Mapping Tool Illustrates Region’s Housing Cost Burdens
The cities, towns and neighborhoods that together make up greater Boston have changed significantly in the last few decades. But those changes have not been uniform across the region.
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.
National Rents Drop Slightly In September Following Eight Months Of Increases
The national rent index fell 0.1 percent between August and September of this year, the first month-over-month decrease in 2017, according to a report released yesterday by Apartment List Rentonomics.
Rents Begin To Move Again In Boston CBD
Despite strong market fundamentals in 2016, the central business district recorded four consecutive quarters of relatively flat rent growth. But in Q1 of 2017, historically the coldest and quietest quarter for Boston, the market sprouted back to life.
Multifamily Rents Continue To Grow Through January
Average U.S. monthly rents rose by $5 in January, demonstrating strength to start the year after a seasonal flattening at the end of 2016. Rents increased to $1,315, according to Yardi Matrix’s monthly survey of 124 markets. On a year-over-year basis, rents were up 4.6 percent nationwide in January, a 30-basis-point increase from December, though still 240 basis points below the recent high of 7 percent in January 2016.
Zillow: Rents Expected To Level Out In 2016
Relief is in sight for cash-strapped renters,...
