Las Vegas Real Estate in June: Sales Increased 12.8% YoY

This is a key distressed market to follow since Las Vegas has seen the largest price decline of any of the Case-Shiller composite 20 cities. The Greater Las Vegas Association of Realtors reported GLVAR reports home sales, prices post double-digit increases from one year ago According to GLVAR, the total number of existing local homes, condominiums and townhomes sold in June was 3,693, up from 3,274 one year ago . Compared to June 2014, 14.2 percent more homes and 6.3 percent more condos and townhomes sold this June. ... Since 2013, GLVAR has been reporting fewer distressed sales and more......(read more)

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