Absolutely it is what has made and continues to fuel the Boston market and its suburbs. Each year 250,000 students come to boston, many of them rent, many of their parents buy and a large portion fall in love with our great area, find employment and stay here.
Rental apartment cycles and the home buying cycles are fairly standard year in year out.
The rental cycle is typically Sept to August to coincide with the Student market.
The single family housing market is not influenced by the student influx, it is driven by holidays, the summer and the kids school year. It goes like this Spring market Jan 2 not much on the market, huge demand, people within the communities want to buy, enjoy their summer and have their kids in school in sept. Spring market last till end of May.
June, July, August price reductions (except good home always sell at any time at asking or close to asking prices (good home move in condition, c/a, 1st fl family room, granite in kit, 2 car gar, nice yard, neighborhood and good school system) also homes priced below market also always sell)
Sept start of school year, kids involved in sports, Oct Halloween, Thanksgiving, Christmas, New Year - Jan 2 spring market.