Fueled by cheap money, Las Vegas is in a prolonged homebuying boom.
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Builders booked 962 net sales in Summerlin through the first half of the year, up 50 percent from the same stretch in 2020.
Southern Nevada’s housing market is dominated by single-family homes, but there are plenty of condos and townhouses, which have also sold rapidly amid Las Vegas’ homebuying frenzy.
Resale totals have fallen the past two months, and available inventory has climbed for three straight months as house prices keep setting all-time highs.
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