""There's more inventory than we've seen in probably 10 years. It's something that we're not used to seeing. But it is still being absorbed.""
""Boston is becoming a better market, but it's still a landlord market.""
""This is a very unique situation that I haven't seen in a long time.""
""It's going tick, tick, tick, tick, tick. It reminds me of going up Space Mountain or Jurassic Park. It's still going up.""
The Boston rental market is seeing a surge in available apartments, the highest in a decade, despite ongoing rent increases. Renters are taking longer to decide, focusing on amenities and options. Although there are more choices, Boston remains a tight rental market, still favoring landlords. Experts believe that as more buildings are completed, the balance may shift. The Real-Time Availability Rate indicates a continued rise in vacancies, breaking traditional seasonal patterns in the rental market.
Read at Boston.com
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