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Las Vegas’ housing market cools down – VIDEO

February 28, 2020 - 3:07 pm

In early 2019 Las Vegas home prices were rising at the fastest rate in the nation. But Las Vegas ended 2019 with some of the slowest-rising prices in the nation. In December, Southern Nevada prices were up 2.6% year-over-year in December, compared to 3.8% nationwide, according to the S&P CoreLogic Case-Shiller index . Phoenix saw a a 6.5% price gain. Charlotte, North Carolina, saw a 5.3% price gain. Tampa, Florida saw a 5.2% price gain. Prices rose just 1% in Chicago and New York. (Las Vegas Review-Journal)

Boulder City housing construction

August 28, 2020 - 11:05 pm

Boulder City, population 15,970, limits its growth by putting a cap on residential construction. But Las Vegas builder Wayne Laska sees little competition and has launched a 127-home project there. His development, Boulder Hills Estates, will span about 30 acres and is the biggest new housing tract in the city in decades. Home prices start around $410,000. By comparison, the median sales price of newly built homes in the Las Vegas Valley last year was about $383,700.

Las Vegas home prices continue to rise

August 28, 2020 - 7:02 pm

Las Vegas house prices are rising Southern Nevada prices were up 12.8 percent year-over-year in October. Nationally, home prices were up 5.5 percent year-over-year . Buyers are pulling back. Around 7,000 Las Vegas houses were on the market without offers at the end of November, up 54 percent year-over-year. Las Vegas home prices have been rising at one of the fastest rates in the country