Named a "hot market" for homebuilding, Boston ranked fourth out of 15 cities whose geographic area encompassed less than 100 square miles.
In 1998, Boston issued about 16 new housing permits per square mile, trailing only Seattle with 48, Orlando, Fla. with 41 and Miami with 27.
Boston outdistanced such cities as Washington, D.C. with 7, Pittsburgh, Pa. with 4 and Providence, R.I. with 2.
The report termed Boston's ratio of permits to area "remarkable."
Not All Homes Are Equal
"We don't have figures on that," von Hoffman says.
But von Hoffman says most of the housing construction has taken place in the higher levels of the market.
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