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Inventory of homes for sale is soaring in Las Vegas

Around 7,000 single-family homes were on the market without offers at the end of November, up a jaw-dropping 54 percent from a year earlier and the highest level in two years, according to Greater Las Vegas Association of Realtors data, which the trade group pulls from its resale-heavy listing service.

Stocks end week on 8-month lows as economic news threatens growth

Weak economic data from China and Europe set off more worries about the global economy, sending stocks to eight-month lows Friday. Mounting tensions in Europe over Britain’s impeding departure from the European Union also darkened traders’ moods.

Las Vegas luxury apartment complex sells for $62M

The deal amounts to more than $281,800 per unit, more than double the market average as tracked by Colliers International. The price-per-door might also be a record for local garden-style apartments, said listing broker Taylor Sims of Cushman Wakefield.

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