Las Vegas Real Estate in August: Sales Down 3% YoY, Inventory up 20% YoY

This is a key former 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 hovering this summer, GLVAR housing statistics for August 2018 After climbing steadily since 2012, local home prices have been hovering this summer, with a report released today by the Greater Las Vegas Association of REALTORS® (GLVAR) showing prices back to where they were in May. ... The total number of existing local homes,......(read more)

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