Boston’s Rental Market is Reeling — But Market for Home Sales is Roaring

Interesting case of #housingmarket #divergence in #Boston. See why #homeprices are increasing while #averagerent is decreasing.

2020 marked a divergent year in the Greater Boston housing market, as prices of homes for sale in Boston increased 7.5% in 2020 while average rent prices for Boston apartments dropped 2.6% city-wide. There are a few forces at work causing this deviation, leaving many uncertain as to what 2021 will bring in terms of the local housing economy. In this article, we’ll look at these forces and what they mean to the future of the real estate market in Boston.

Original Source: https://activerain.com/blogsview/5632907/boston-s-rental-market-is-reeling---market-for-home-sales-is-roaring?utm_source=medium&utm_medium=social&utm_campaign=Content&utm_term=company-page