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【正文】 5%Watertown $1,200 $1,250 $1,400 $1,500 25%Newton $1,300 $1,400 $1,500 $1,600 23%Chelsea $1,100 $1,050 N/A $1,350 23%Boston $1,500 $1,550 $1,600 $1,700 13%Source: Sunday edition of The Boston Globe, the Department of Neighborhood Development, City of BostonAffordability of Rental Housingn Housing is “Affordable” when a household must pay no more than 30% of annual ine for rent or mortgagen Households earning the median ine of renters can now afford to pay the median advertised rent for a twobedroom apartment in only 2 out of 20 towns and cities in the heart of Greater Boston. Median Selling Price – 199820231998 2023 % ChangeMedian Selling Price $198,500 $298,350 +%By 2023, households earning the median ine in their city or town could not afford the median priced singlefamily house in 112 of 161 towns and cities in the region. Percent Change in Median Home Price (19982023)Vs. Estimated 2023 Median Household Ine On average, median housing prices rose fastest in lower ine municipalities Building Permits Issued in Greater Boston, 19802023(161 Municipalities) 25,00011,000Fastest Growing Cities/Towns% Change in YearRound HousingUnits (19902023)Hopkinton %Bolton %Berkley %Franklin %Kingston %Mendon %Salisbury %Dunstable %Boxborough %Mansfield %Southborough %Rowley %Westford %Wilmington %Slowest Growing Cities/Towns% Change in YearRound Housing Units(19902023)Watertown %Framingham %Wellesley %Boston %Medford %Manchester %Lynn %Arlington %Belmont %Essex %Melrose %Winthrop %Brockton %Lowell %Single Family vs. MultiFamily Housing Building Permits – Greater BostonNew Paradigm Report Production Goals Boston MSA (127 Municipalities) Annual Expected Projected 5Year Requirement Annual Annual Projected Needed Production Shortfall Additional ProductionMarket rate 9,860 7,160 2,700 13,500 Subsidized 4,300 1,300 3,000 15,000 Student 1,500 [1] 1,500 7,500TOTAL 15,660 8,460 7,200
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