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This Week in Boston Real Estate: New construction in Fenway, rising rents and more

by Bill McBride

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Miss any real estate stories this week? We’ve got you covered with our weekly roundup of stories on new construction in Boston’s Fenway neighborhood, an in-depth look at rising rents in major cities across the U.S. and much more:

Luxury Condos- The Pierce Boston condominium will not open until 2018, but 30 percent of its units are already sold. The Boston Business Journal has the story here.

•New Construction in Fenway- A new tower has been planned for Boston’s Fenway neighborhood. Read the details on the Boston Business Journal‘s website.

•Nine New Housing Projects- The Boston Redevelopment Authority has approved 1,139 units of new housing, according to an article in Multi-Housing News.

•Boston’s Affordability- How much money does it take to live comfortably in Boston? Hint: The number is very, very high. Curbed Boston has the complete rankings here.

•Are Expensive Rents Linked to Jobs?- In a new article on Curbed, Patrick Sisson addresses the affordable housing crisis in America. For the full story, head on over to Curbed

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