A November 2012 article reported that Boston rental vacancy continued to decline while average monthly rents had risen by more than 7% over the prior year. It did not give a measured vacancy rate or identify the statistical provider.
The brief associated rental demand with young professionals and discussed construction as a response to that demand. Those were historical market observations and interpretations, not present vacancy or rent estimates.
Historical account attributed to the original Boston City Properties article. Underlying records and later outcomes have not been freshly verified.
