Boston’s condo market has seen an explosion of new development projects over the past decade. A shortage of developable land led the city to create housing initiatives that would add enough livable units to accommodate the growing Metro population within a limited amount of space. As a result, developers are building up and Boston’s skyline has been reshaped with modern luxury high rises...

Now that the rental market in Boston has almost recovered to its pre-pandemic levels, we can take a close look at the data and see what has changed. The vacancy rate and availability rate are within 20% of where they were in October...

Finding a decent house in Boston for a good price is getting harder by the year. It’s no secret that there are a shortage of single family homes in Beantown, and prices have been on the rise for over a decade. In the last year there have been 1,100 single family home sales in Boston, which equates to about 3 per day. That isn’t much for a city of 700,000 residents. At...

The pandemic has impacted the Boston rental market significantly. Almost all of the neighborhoods in Boston have taken the hit, but most notably in the premium rental markets. As a result, there has been a rare drop in the average rent prices in South End year-over-year. Boston’s average rent price ($2,575) dropped by -2.11% since August of last year. In the South End, where the average rent price is $3,315, prices have dropped by a larger margin of -3.30%.

...

Somerville is widely considered to be one of Boston’s premier rental markets. Its proximity to Downtown Boston and local schools makes it an ideal place for renter's to avoid the exorbitant lease prices in the city. Logic would tell you that Somerville would have experienced much of the same supply turmoil as other premium rental markets during the pandemic, but in this case logic would be wrong. Somerville apartments...