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.
The typical American family earns nearly $20,000 more in inflation-adjusted annual income today than it did in 1970, but growth has varied widely across the 50 states, with some faring far better than others—and in one, households are actually worse off now than they were half a century ago.
The Urban Institute’s Housing and Communities Division published a new study analyzing data from the U.S. Census Bureau, the American Community Survey, and the Integrated Public Use Microdata Series (IPUMS) to determine how median household incomes have changed from 1970 to 2023 in all 50 states.
The bottom line is that Western, Mid-Atlantic, and New England states have seen the steepest income growth since 1970, while Midwestern states have seen the weakest gains.
Incomes in New Hampshire gained just over 62%, followed by California at 61%, with Arizona rounding out the top five at 60.2%.
Other states that saw strong income growth included Texas (48.5%); Idaho (48%); Massachusetts (47.7%); and Washington (45.9%).
Source: https://www.realtor.com/news/trends/50-states-household-income-growth-study/
Inflation cooled by a wider-than-expected margin at the start of the new year, falling to its lowest level since early 2021—and raising questions about whether the Federal Reserve will pause interest rate cuts in the near term.
Overall prices increased by 2.4% in the 12 months through January 2026, coming below the majority of economists’ expectations, down from 2.7% in December, according to the U.S. Labor Department’s Consumer Price Index (CPI) data released Friday.
Core inflation, which excludes volatile food and energy categories—and is viewed as a better measure of underlying inflation—came in at 2.5% annually, in line with most forecasts.
For the Federal Reserve, the year’s first inflation readout, released just days after the latest better-than-expected jobs report, makes it likely that the central bank’s policymakers will choose to keep the federal funds rate at its current 3.5%-3.75% range at their next Federal Open Market Committee (FOMC) meeting in March.
Since the fall, risks on both sides of the Fed’s dual mandate—keeping inflation close to 2% and ensuring maximum employment—have eased.
Still, Chairman Jerome Powell and his allies have recently emphasized vigilance on price stability in the final stretch of his term at the helm of the Fed.
Financial markets now put the probability of the Fed holding interest rates steady at 90.3%, according to CME FedWatch.
Source: https://www.realtor.com/news/trends/cpi-inflation-report-january-2026/
The Village at Meridian is expanding, adding 100,000 square feet of space for retail and restaurants on 20 acres within six buildings. About one-third of the tenants are expected to be doing business by the 2026 holiday season. Signed leases place occupancy at 90% thus far, including retail such as Alo Yoga, Vuori, Kendra Scott and Flower Child. Two of the buildings are expected to house stand-alone restaurants to be finished later, likely in 2027.
Source: Idaho Statesman
The U.S. Department of Transportation awarded the City of Boise a million-dollar grant to study Fairview Avenue between Cole and Curtis as a high-crash statistical area. The grant was awarded through the Safe Streets and Roads for All program with 521 recipients nationally. There was $1.9 million awarded to five projects across Idaho.
Source: Idaho Press
Blue Cross of Idaho announced it will lay off 89 staff across various departments at their Meridian headquarters. Some of the employees laid off will be eligible for six months of severance. According to the company, they are implementing restructuring and efficiency measures.
Source: CBS2 News
Costco submitted an official application to build a warehouse store with a fuel station in Eagle. There are currently three other Costco warehouses in the Treasure Valley.
Source: Idaho News 6
Caldwell Fire Department plans to transform Caldwell’s former city hall into its administrative facility co-located with a modern fire station that replaces the oldest station. A fourth fire station will be built in an area with significant commercial and residential development. The goal is to keep response times closer to the national average response time of four minutes. Voters approved a bond of $17.3 million dedicated to the new projects.
Source: Idaho Press
The city of Boise’s mayor cut the ribbon welcoming the new Interfaith Shelter that will provide over 200 beds with wings for single men, single women and families. Its previous location did not allow for daytime stays and the unhoused had to carry their belongings with them throughout the day. The new shelter has lockers by each bed and residents don’t have to go out into inclement weather while having a homebase to establish as an address for applications for housing, work and health care. There is also programming provided to keep them engaged with the community.
Source: Idaho Statesman
Other Real Estate News
- Real Estate News | What Consumers Think is Causing the Housing Affordability Crisis
- Realtor.com | The Housing Markets Seeing the Sharpest Home Price Declines
- Realtor.com | What Is the Housing for the 21st Century Act?
- Bankrate | 10 First-Time Homebuyer Mistakes to Avoid
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.
