Over the past week, the economic data continued to reflect a stronger than expected recovery following the partial shutdown due to the pandemic. Mortgage rates held relatively steady near-record-low levels.
The major economic reports have broadly revealed a rapid rebound in June and July from the historic weakness seen in April and May, and recent data from the services sector continued the trend. The Institute for Supply Management (ISM) Services Index rose to 58.1, which was well above the consensus forecast of 55 and the highest leve...
By Breanna Vanstrom, Chief Executive Officer, Boise Regional REALTORS®
Following two consecutive months of year-over-year declines, home sales in Ada County were up 3.4% in June 2020 compared to June of 2019. Pending sales, or properties with an acce...

By Breanna Vanstrom, Chief Executive Officer, Boise Regional REALTORS®
For the second consecutive month, home sales in Ada County were lower than the same month in 2019, as REALTORS® and consumers heeded Idaho's stay-home order for any non-essential transactions.
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