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THE LATEST Business NEWS
Home prices in 20 US cities kept climbing in January

Home values in 20 U.S. cities including Las Vegas kept climbing in January, a sign the limited supply of available properties may push prices out of reach for some buyers.

US home rental cost growth is slowing

U.S. renters saw their monthly leases rise at a significantly slower pace in February, a sign that new construction may be starting to limit housing costs for apartment dwellers. Las Vegas is bucking all of Zillow’s trends, but that’s because the market continues to lag nationwide economic gains, an analyst said.

Average US rate on 30-year mortgage falls to 3.71 percent

Average long-term U.S. mortgage rates declined this week after three straight weeks of increases. The decline could be a spur to prospective buyers as the spring home buying season gets started.

Western US homebuyers push up sales of new homes in February

U.S. homebuyers in the West accounted for all of February’s increase in sales of new houses, possibly signaling uncertain growth prospects for the broader real estate market heading into the spring buying season.

 
Skye Canyon holds grand opening — VIDEO

Skye Canyon, a 1,700 acre community along U.S. 95 near Sky Canyon Park Drive, held its grand opening over the weekend.

Every Las Vegas ZIP code sees home appreciation in ‘15

For the third straight year in 2015, every ZIP code in the Las Vegas Valley posted home-price gains, according to new numbers from local analysis firm SalesTraq.

Las Vegas ranked nation’s luckiest city for home-price gains since ‘12

A new report from Zillow ranks Las Vegas the nation’s luckiest city for home-price gains, with a four-year value jump of nearly 75 percent. That appreciation bests big cities in states that have enjoyed healthy, recent real estate booms.

US homebuilder sentiment holds steady in March

U.S. homebuilders remain optimistic that the housing market will improve, but their expectations for sales over the next six months havedimmed just as the spring home-selling season gets under way.

Las Vegas roofer elected to lead national association

Dennis Conway will take over June 1 as chairman of the board of the National Roofing Contractors Association. He was elected to the post in February during a national convention in Orlando, Fla.

Realtors to promote Nevada at trade show in France

Six leaders of the the state and local Realtors’ associations will participate in MIPIM, a global trade show in Cannes, France, designed to connect real estate professionals with investors, tenants and property buyers.

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