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November 29, 2017  

Tight Supply Fuels Hot Boston Rental Market

Multi-family sales and valuations are running at record levels in Boston.Trades of large properties are on track to approach $600 million this year, 20% higher than the record set in 2015. And prices have soared past $650,000/unit for the first time.The driving factor is strong demand from institutional investors in a market that has limited Class-A supply, even after increased construction over the past few years. “There’s just way...

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