Las Vegas Real Estate in May: Sales up 28% YoY, Inventory down Sharply

This is a key distressed market to follow since Las Vegas saw the largest price decline, following the housing bubble, of any of the Case-Shiller composite 20 cities. The Greater Las Vegas Association of Realtors reported Despite housing shortage, local home prices and sales keep rising, GLVAR Housing Statistics for May 2017 Despite a shrinking housing supply, the Greater Las Vegas Association of REALTORS® (GLVAR) reported today that local home prices and sales continued to rise. ...  At the current sales pace, GLVAR President David J. Tina said Southern Nevada now has less......(read more)

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