Is Greater Boston’s rental market getting more competitive? A new RentCafe report says yes, even though fewer renters are competing for apartments.
The apartment search website reported that the share of newly-built apartments in Greater Boston has dropped from a market share of 0.54% to 0.19%, meaning there’s fewer new-builds available. But, eight renters—down from 10 last year—are competing for an apartment here, and units are staying vacant for longer, according to the report.
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