Las Vegas Real Estate in January: Sales Up 5% YoY, Inventory down 35%

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 Southern Nevada home prices dip slightly in January, still up 11 percent from last year; GLVAR housing statistics for January 2018 Local home prices cooled off slightly in January but are still up more than 11 percent from one year ago, according to a report released today by the Greater Las Vegas Association of REALTORS® (GLVAR). ... By the end of January, GLVAR......(read more)

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