"Strong and resilient economy: Boston's economy is powered by robust sectors like technology, life sciences, healthcare, and higher education. This economic diversity and strength attract a steady stream of high-income professionals and create consistent housing demand. Persistent housing inventory shortage: Boston's housing supply has consistently fallen short of demand due to limited developable land, strict zoning restrictions, and high construction costs."
"The supply shortage was exacerbated by the "lock-in effect," where homeowners with low mortgage rates were reluctant to sell, artificially constraining the market and supporting prices. Return to pre-pandemic trends: As remote-work dynamics faded, Boston saw a return to pre-pandemic migration patterns. Buyers, including many who had previously moved to the suburbs during the pandemic, were once again drawn to the city's urban amenities, job opportunities, and walkable neighborhoods."
Boston's condo market remained strong in September 2025 due to a resilient, diversified economy anchored by technology, life sciences, healthcare, and higher education that sustains high-income employment. Limited developable land, strict zoning, and high construction costs have kept housing inventory persistently tight, and a lock-in effect from low-rate homeowners further constrained supply. As remote-work patterns receded, migration returned to urban neighborhoods, boosting demand. A large student population and incoming young professionals created steady renter and first-time buyer demand. While many pandemic-era Sun Belt markets saw monthly declines amid high mortgage rates, Boston continued to post solid annual price growth.
Read at Boston Condos For Sale Ford Realty
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