Las Vegas Real Estate in August: Sales up 10% YoY, Inventory down 15%

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 Southern Nevada Home Sales Increasing While Supply Stays Tight, GLVAR Housing Statistics for August 2016 "It's good to see that we sold more homes last month than we did during the previous month and year, even with this persistently tight inventory we've been dealing with this year," said 2016 GLVAR President Scott Beaudry, a longtime local REALTOR®. "As for home prices, we're starting to see a more ......(read more)

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