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...People who live in and around Boston know that the real estate market is booming," says Alexander von Hoffman, a senior research fellow at the Joint Center for Housing Studies and the author of the report...
...Home construction] has been very steadily growing for some years now, and more recent reports indicate that it continues to do well," von Hoffman says...
...have figures on that," von Hoffman says...
...von Hoffman says most of the housing construction has taken place in the higher levels of the market...
...Von Hoffman says developers focus on building luxury housing, which has the greatest potential for profit...