March 5, 2025

Matrix Multifamily Boston Report-February 2025

While on a T3 basis Boston's advertised asking rents fell 0.7 percent to $2,836, on a YoY basis the rate was up 1.2 percent, double the 0.6 percent national average. Scarce inventory expansion sustained occupancy, up 10 bps YoY to 96.5 percent in November.

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