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Mixed Metrics in Boston Boston’s multifamily fundamentals slowed coming out of the late leasing season, but rent growth outpaced the U.S. rate by 90 bps YoY, rising 1.5% to $2,942 as of September. Occupancy remained healthy at 96.2 percent in August, but that marked a 40 bps slide over the previous year.
Boston’s multifamily fundamentals slowed coming out of the late leasing season, but rent growth outpaced the U.S. rate by 90 bps YoY, rising 1.5% to $2,942 as of September. Occupancy remained healthy at 96.2 percent in August, but that marked a 40 bps slide over the previous year.
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