Inventory Intel

Surge in multifamily construction drives housing starts in August
Surge in multifamily construction drives housing starts in August

The increase was driven by a 21.6% month-over-month spike in the rate of new multifamily construction. Single-family housing starts, meanwhile, slid 2.8%.

RE/MAX: Home sales, prices decline in August
RE/MAX: Home sales, prices decline in August

Month over month, home sales were down 3.5%, and the median sale price declined 1.2% to $335,000.

Toll Brothers, Equity Residential team up for $1.9B multifamily JV
Toll Brothers, Equity Residential team up for $1.9B multifamily JV

The strategic partnership will initially target developments in six metro areas where both companies have a “significant or growing presence”: Atlanta; Austin, Texas; Boston; Denver, Orange County/San Diego, Calif.; and Seattle.

Bostonians’ interest in luxury apartments peaks
Bostonians’ interest in luxury apartments peaks

Report finds luxury apartment search is at an all-time high both in Boston and across Massachusetts.

Zombie property rate down — for now at least
Zombie property rate down — for now at least

Areas hit hard by the pandemic could see a wave of zombie properties once the federal ban on foreclosures expires.

Pre-leasing open for new apartments in Lynn
Pre-leasing open for new apartments in Lynn

“Caldwell is a unique, first-of-its-kind community for Lynn, but the constant ever-evolving nature that the ‘City of Firsts’ is known for, confirms our initial vision that Lynn is ready for its closeup,” — Michael Procopio, Vice President of Development at the Procopio Companies

Empty nesters find refuge at The Cove Hingham
Empty nesters find refuge at The Cove Hingham

Amenities at The Cove include a pet grooming station, fitness room, media lounge, socially distant work-from-home areas and a resort-style pool.

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