Only two cities had rent grow even faster than the Boston area between July 2021 and this July, according to a new survey.
Local lawmakers are pushing for rent stabilization as rents skyrocket in the Boston area.
But the increase in the cost of renting appears to be leveling off. In June, the median rent in the Boston area was $2,966, meaning it only increased by $29 into July. Realtor.com's chief economist, Danielle Hale, said in a statement that"renters are feeling it everywhere, but there may be some relief ahead. Survey findings suggest that landlords are adjusting their approaches to renters' tightening budgets, while July data shows rent growth is leveling off at a relatively cooler pace than in 2021."
The survey looked at studios, one-bedroom apartments and two bedrooms across the 50 largest metropolitan areas in the U.S. The Boston metro area includes other nearby cities and suburbs and parts of southern New Hampshire.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Boston Road South rebuild complete as Holbeach sinkhole saga endsTraffic will be allowed back onto the route
Consulte Mais informação »
Dandee Donut Factory to Open in Revere[This story first appeared on Boston Restaurant Talk.] A trio of donut shops in Florida will be expanding to the North Shore once again. According to a poster within the Friends of Boston’s Hidden Restaurants Facebook group page, Dandee Donut Factory is planning to open in Revere, with the website for the company indicating that the new outlet will be located…
Consulte Mais informação »
GCSE results day: Grades above pre-pandemic levels spread Lincolnshire joyLower than the teacher-assessed grades last year, but higher than 2019
Consulte Mais informação »
Energy price cap explained: How will the increase impact you and how much prices are rising?The price cap has been hiked to an eyewatering £3,549 a year by Ofgem, affecting millions of households across the UK this winter during the cost of living crisis.
Consulte Mais informação »