“We could be facing years, not months, of fewer home sales,” the CEO of Redfin said.
Nation and World
Southern Nevada home prices jumped 19.8 percent year-over-year in June, outpacing the national rate of 18.6 percent, according to a new report.
U.S. homebuilders’ sales fell to its slowest pace in a year last month, and resales dropped for the fourth consecutive month. And it’s no different in Southern Nevada.
While U.S home prices rose at a slower pace in May, Las Vegas homes rose 6.4% to lead the nation, says a report out Tuesday.
MOST READ
1
2
3
4
5
‘It feels very lonely’: 80 years after D-Day, only 2 USS Nevada crew members remain
World’s No. 1 restaurant for 2024 crowned in Las Vegas
Poker legend suffers shocking bad beat, eliminated from WSOP event
Utah-born soda shop to open Las Vegas location
‘I’m not retiring’: Palms general manager steps down