Las Vegas’ apartment market has started 2019 with the fastest-growing rents in the nation, a new report shows.
Housing
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Southern Nevada prices were up 10.5 percent year-over-year in January, more than double the national rate of 4.3 percent, according to the SP CoreLogic Case-Shiller index released Tuesday by SP Dow Jones Indices.
After a sharp drop in sales in January, Las Vegas homebuilders last month did a 180 and booked a big jump in deals, a new report shows.
Las Vegas builder Wayne Laska has launched Boulder City’s first large-scale housing tract in nearly 30 years.
Opendoor said Wednesday that it obtained $300 million in new funding. Rival Offerpad said it had now raised a total of $975 million from investors and lenders.
The Calida Group acquired the 624-unit Pointe at Centennial in the northwest valley for $100 million and the 459-unit Mosaic in the southwest valley for more than $87 million. The sales closed last month, property records show.
The housing market’s normally busy spring selling season may be slower this year amid Las Vegas’ nationally leading price growth, a new report says.
A Southern California real estate firm bought two apartment complexes near the Las Vegas Convention Center for almost $68 million combined.
City documents show plans for 303 single-family homes and two multifamily projects with 491 apartments combined, all on about 60 acres.
