Las Vegas Real Estate in August: Sales up 1.4% YoY, Inventory up 37% 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 More signs that Southern Nevada's real estate roller-coaster ride has slowed down; GLVAR housing statistics for August 2019 The total number of existing local homes, condos and townhomes sold during August was 3,935. Compared to one year ago, August sales were up 3.1% for homes, but down 5.1% for condos and townhomes. By the end of August, GLVAR reported......(read more)

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