Boston on Track to Deliver 24 Percent Fewer Apartments This Year
Greater Boston may be on track to deliver over 5,000 new apartments in 2019, but it represents a 24 percent drop from last year, while the metro area’s population continues to grow.
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.
Luxury Apartment Inventory Set To Grow
With the recent opening of the 503-unit Avalon North Station and more than 800 luxury apartments set to open this summer at the Benjamin and Via and in the Seaport District, Boston’s high-end rental market is set to absorb its latest big bump in inventory.
