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Analysis from the American Enterprise Institute helps explain housing's remarkable resilience. Three of the fundamental factors are still working in favor of a robust market.
Existing home sales, which make up the majority of the housing market, fell 4.3% in March to a seasonally adjusted annual rate of 4.19 million, the National Association of Realtors reported Thursday.
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The median price of a home in Ada County in July was $589,990, down 0.4% from June, according to the Boise Regional Realtors. That price is still 9.3% higher than in July 2021, but the year-over ...
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