Boston, MA Dodge Data & Analytics reported on September construction starts in the metropolitan statistical area of Boston-Cambridge-Quincy, consisting of Essex, Middlesex, Norfolk, Plymouth, Rockingham, Strafford and Suffolk in Massachusetts and New Hampshire.
-Nonresidential buildings include office, retail, hotels, warehouses, manufacturing, educational, healthcare, religious, government, recreational, and other buildings.
-Residential buildings include single family and multifamily housing.
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and