Rents are rising and condo prices are still depressed in Idaho, despite the nation’s largest apartment boom.
Rents in the city of Boise, Idaho, jumped 5.5 percent last year, to $3,818 per square foot, according to the latest data released Tuesday by the National Association of Realtors.
The city has a median price of $2,700, up 1.6 percent from last year.
The median price for a two-bedroom apartment in Boise dropped to $2.6 million, from $3.2 million last year and is the lowest since 1999.
Condos are up 1 percent, while apartment rentals rose 5.6%.
The market for condos in Boise, like in many other big cities, is expected to grow this year, as the U.S. housing market recovers.
But some experts expect prices to decline further.
The rise in rents in Idaho is due in part to the state’s massive boom in apartments and condominiums.
The country’s largest rental stock is in Boise.
In the first quarter of 2016, the state had more than 7,600 new rental units approved for sale, according the state Department of Revenue.
The housing market is now showing signs of recovery from the housing bust.
The national economy is doing well and many states have begun to slow the pace of their boom.
But as the economy has returned to normal, there is a growing concern that many cities may be too slow to take action.
The rent market in Boise has been on a steady climb for years.
In 2013, the city recorded 4.2 percent annual growth.
That figure rose to 5.4 percent in 2015.
The city is in the midst of a rent moratorium that’s been in effect since June 2017.
The ban has allowed some apartments to remain open for longer, and has reduced vacancy rates.
But many renters are wary about the city’s rent policies.
According to a report from real estate research firm RealtyTrac, Idaho’s rent prices were 7.3 percent higher in 2016 than the national average, which was 7.5.
The median rent in Boise is $1,621, up from $1.621 in 2017.
The trend is not unusual in many cities.
In cities like Atlanta, New York, San Francisco and San Jose, rents are rising faster than the U,S.
The market is also not doing as well in places like Los Angeles and Seattle, which have historically seen a lot of new development and are home to a lot more people.
The report from Realtytrac shows that the city saw its rent prices increase in all major metropolitan areas in 2016.