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Thu July 5, 2012
Mountain West Recovery Outpaces Nation’s, Brookings Says
Boise home values have improved by nearly five percent from their post-recession low. That’s enough of an increase that a recent Brookings Institution report ranks the city first for its house price recovery. StateImpact reported that finding early this week.
The report also shows that Boise’s improved home prices are part of a broader recovery in Mountain West cities. As Brookings’ Mark Muro and Kenan Fikri write, “‘[o]n all fronts the region outperformed the nation.” Their analysis points to job growth in Denver, growing output in Las Vegas, and the general strength of Utah’s metro areas. Click here to continue reading...