New Construction News

New Lynn mixed-use development now preleasing for new residents

Boston-area real estate’s latest downtown Lynn development is preleasing ahead of summer opening.

New mixed-use development proposed for Blue Hill Avenue

A new proposal could bring more than 150 apartments and a restaurant to Mattapan’s Blue Hill Avenue.

New-home sales fall again in March 

Low inventory and rising interest rates have reduced prospective homebuyer purchasing power. 

More than 200 new housing units coming to East Boston and Allston

Thirty-two of those units will be designated income-restricted.

Wilmington multifamily construction project hits a milestone

A new multifamily development under construction in Wilmington hit a milestone as it topped off its vertical structure.

New, multi-family project in Lynn officially tops off

The Procopio Companies announced the project’s milestone for its new downtown area development.

New-home sales fall again in February 

Affordability and supply-chain issues continued to weigh on the sales of new single-family residences.

New-home construction picks up in February  

“More groundbreaking is welcome news for a supply-starved housing market.” — First American deputy chief economist Odeta Kushi 

High prices, construction bottlenecks crimp new-home sales in January

“Builders are entering 2022 with backlogs that they are having a hard time completing due to material and labor shortages, and new-home prices are sitting near a historic high.” — First American Deputy Chief Economist Odeta Kushi

Despite strong demand, builder confidence ebbs in February on supply-chain woes 

“Production disruptions are so severe that many builders are waiting months to receive cabinets, garage doors, countertops and appliances.” — NAHB Chairman Jerry Konter 

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