Boston has outpaced Manhattan as the most liquid CRE market in the US, with investment activity and the city's share of institutional investor volume remaining stable throughout the pandemic.
New data from Real Capital Analytics shows that Boston's component of unique, active buyers has declined only slightly over the past four quarters, while Manhattan's has steadily fallen since the end of 2019.
Meanwhile, Manhattan's score for investment volume declined by 4%, while the borough's share of institutional investor volume also dipped steadily since the beginning of 2019. Boston's share has "dipped marginally," according to RCA.
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