Tuesday, March 7, 2017

Las Vegas Real Estate in February: Sales up 5.2% YoY, Inventory down Sharply

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 Prices Keep Moving On Up GLVAR Housing Statistics for February 2017 The Greater Las Vegas Association of REALTORS® (GLVAR) reported Tuesday that Southern Nevada home prices and sales continued to increase despite a shrinking housing supply. ... The total number of existing local homes, condos and townhomes sold in February was 2,815, up from 2,676 in February 2016 . Compared to......(read more)
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