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.
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Lennar Corp.’s prices in the community exceed the typical sales price of a newly built house in the Las Vegas area.
Housing markets are always prone to ups and downs, especially in Las Vegas, and no boom lasts forever.
The median closing price of newly built homes in Southern Nevada was around $419,950 in July, up 13 percent from a year earlier.
Affordable housing advocates asked Gov. Steve Sisolak to consider ways to fund more development and address the cost of living during an event Tuesday.
Nevada HAND, a nonprofit affordable housing developer and property manager, announced it will freeze rent on its units across the Las Vegas Valley to combat the rising costs of living.
Las Vegas housing prices shot past $400,000 on the resale market for the first time last month, raising concerns that many locals might get priced out as home values keep setting new all-time highs.
Howard Hughes Corp. is developing an office building next to Las Vegas Ballpark and 295 apartments nearby.
TruAmerica Multifamily announced that it acquired three apartment complexes in Florida, Utah and Las Vegas for $209 million combined.
Thousands in the Las Vegas Valley are facing possible eviction in the wake of the moratorium’s end, and many are reaching out for advice and help.