A note to our readers…
New Two-Phase Market Report Release Starting June 2025
To get you timely data and meaningful insights, BRR is introducing a new two-phase approach to our monthly Market Report releases:
- Phase 1: Snapshots & Graphs — Available earlier (typically between the 8th and 12th of each month), this first release includes high-level graphs and market snapshots. They’re ready for you to share in your newsletters, social media, or client conversations as soon as they drop.
- Phase 2: Market Stat Sheets — By the 16th of each month, we’ll follow up with the full Market Stat Sheets. This is where we dig deeper into the trends, provide key takeaways, and offer a broader interpretation of the data.
This two-phase release schedule is designed to get you what you need, when you need it: a quick look early on and a full picture shortly after.
Realtor.com compiled a list of the top metros for new construction in the United States. After evaluating over 100 different metro areas, Boise came in second due to the large number of new homes currently listed for sale and the lack of increased prices associated with new construction.
Source: https://www.realtor.com/news/trends/top-metro-new-home-construction-ranking-2025/
Mortgage rates hit an 11-month low following a disappointing jobs report and alongside worsening August inflation data. The rate fell by 15 basis points (from around 6.5% to 6.35%) and may impact the next Federal Reserve rate decision that will occur in the middle of September. The federal Reserve is expected to lower rates a quarter of a percent, this would be the first rate drop since December 2024.
Source: https://www.realtor.com/news/trends/mortgage-interest-rates-now-september-11-2025/
The city of Caldwell annexed Farmway Village allowing it to help with adding more affordable housing options to the in-demand area that provides housing for some of Canyon County’s farm laborers.
Source: KTVB
Construction started on a commercial development in Homedale.
Source: Owyhee Avalanche
The city of Boise hosted a ribbon cutting for its recently constructed, affordable apartment complex in downtown Boise. The 102 units were created for those earning 30-80% of the area median income or $108,800 annually for a family of four.
Source: KTVB
Other Real Estate News
- CNBC | AI Tech Talent is Juicing These Real Estate Markets
- Realtor.com | 7 Major Cities Are Now Buyer’s Markets—but Delistings Continue To Rise
- Bankrate | Should I Buy a House Now, or Wait?
Please note: Some news outlets may protect their content with paid subscriptions. While we try to refrain from sharing articles that may not be accessible to everyone, we may share them if important to the industry.
Additional information about trends within the Boise Region, by existing and new construction, are now available here: Ada County, Elmore County, Gem County, Four Rivers Region (coming soon), and Condos, Townhouses, and Mobile/Manufactured Homes Market Reports. Each includes an explanation of the metrics and notes on data sources and methodology.
Ada County
Canyon County
Elmore County
Gem County
Condos…
Download the latest (print quality) market snapshot graphics for Ada County, Ada County Existing/Resale, Ada County New Construction, Boise County, Elmore County, Gem County, Malheur County, Payette County, and Washington County.
Since Canyon County is not part of BRR’s jurisdiction, we don’t publicly report on Canyon County market trends. Members can access Canyon County snapshots and reports in the Market Report email, or login to our Market Statistics page. Our Owyhee County snapshot can also be accessed on our Market Statistics page.
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The data reported is based primarily on the public statistics provided by the Intermountain MLS (IMLS), a subsidiary of Boise Regional REALTORS® (BRR). These statistics are based upon information secured by the agent from the owner or their representative. The accuracy of this information, while deemed reliable, has not been verified and is not guaranteed. These statistics are not intended to represent the total number of properties sold in the counties or cities during the specified time period. The IMLS, Boise Regional REALTORS®, and Idaho Policy Institute provide these statistics for purposes of general market analysis but make no representations as to past or future performance. If you have questions about this report, please contact BRR’s Director of Growth & Strategic Communications Taylor Gray at 208-947-7238. For notes on data sources, methodology, and explanation of metrics, visit boirealtors.com/notes-on-data-sources-and-methodology.
If you are a consumer, please contact a REALTOR® to get the most current and accurate information specific to your situation.
Boise Regional REALTORS® (BRR), a 501(c)(6) trade association, represents real estate professionals throughout the Boise region. Established in 1920, BRR is the largest local REALTOR® association in the state of Idaho, helping members achieve real estate success through ethics, professionalism, and connections. BRR has two wholly-owned subsidiaries, Intermountain MLS (IMLS) and the REALTORS® Community Foundation.
“REALTOR®” is a federally registered collective membership mark which identifies a real estate professional who is member of the National Association of REALTORS® (NAR) and subscribes to its strict Code of Ethics.
