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Greater Las Vegas Home Prices Up a Whopping 18 Percent Annually in May

Greater Las Vegas Home Prices Up a Whopping 18 Percent Annually in May

According to the Greater Las Vegas Association of Realtors, prices for existing homes sold in Southern Nevada kept rising through May 2018 and are now approaching their all-time peak. Read More »


41.5 Million Americans to Travel Memorial Day Weekend

41.5 Million Americans to Travel Memorial Day Weekend

According to AAA, more than 41.5 million Americans will travel this 2018 Memorial Day weekend, nearly 5 percent more than last year and the most in more than a dozen years. Read More »

Las Vegas Home Prices Climb in April as Supply Shrinks

Las Vegas Home Prices Climb in April as Supply Shrinks

According to the Greater Las Vegas Association of Realtors, local home prices kept climbing through April 2018 as the local housing supply continued contracting. Read More »

U.S. Mortgage Bankers Closed Record $530 Billion in Commercial, Multifamily Loans in 2017

U.S. Mortgage Bankers Closed Record $530 Billion in Commercial, Multifamily Loans in 2017

U.S. commercial and multifamily mortgage bankers closed a record $530.1 billion of loans in 2017. Read More »


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Global Property Spotlight

Harbor Place at Safety Harbor, The Jewel of Tampa Bay

Harbor Place at Safety Harbor, The Jewel of Tampa Bay

The town of Safety Harbor is a secret little hideaway known as the Jewel of Tampa Bay. Safety Harbor is neighbored by the major city of Clearwater, Florida. Read More »

Last Updated June 7, 2018 8:15 AM ET

Las Vegas Property News

Over 64 million Americans live in multigenerational households, which is based on a report by the Pew Research Center, Washington, D.C.

According to Zillow, U.S. home values have been appreciating more per working hour than local minimum wage pays in about half of the nation's 50 largest cities.

Local home prices rose again in March 2018 while the local housing supply stayed tight. Median price for existing single-family homes sold in Southern Nevada during March was $280,000.

First-time buyers in the U.S. looking for an affordable home may have the best luck in Florida.

According to a new report released by the Greater Las Vegas Association of Realtors, local Las Vegas home prices rose again in February 2018, while sales slowed down amid a shrinking housing supply.

According to the Greater Las Vegas Association of Realtors, local home prices cooled off slightly in January 2018, but are still up more than 11 percent from one year ago.

U.S. builder confidence in the single-family 55+ housing market remained strong in the fourth quarter of 2017 with a reading of 71, up 12 points from the previous quarter. This is the highest reading since the inception of the index in 2008.

According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes fell 9.3 percent in December 2017 to a seasonally adjusted annual rate of 625,000 units.

The National Association of Home Builders reported this past week their NAHB Remodeling Market Index posted a reading of 60 in the fourth quarter of 2017, up three points from the previous quarter and only the second time since 2001 the reading has reached 60.

According to Zillow, the total value of all homes in the United States in early January 2018 is now $31.8 trillion after gaining $2 trillion in 2017. The cumulative value of the U.S. housing market grew at its fastest annual pace.

Single-family homes in November 2017 rose 17.5 percent to a seasonally adjusted annual rate of 733,000 units from a downwardly revised October reading. This is the highest sales pace since July 2007.

The Greater Las Vegas Association of Realtors is reporting this week that local home prices continued to cool down heading into the holidays, though home prices and sales are still up from one year ago.

Shopping centers of the future will become just 'centers' by reinventing themselves as mixed-use destinations and adding healthcare, educational and leisure uses.

U.S. housing inventory constraints have fueled a sharp rise in prices and made it difficult for buyers to gain a foothold in the market. But that is expected to change next year as part of broader and continued housing market improvements.

According to the Greater Las Vegas Association of Realtors, after many years of strong price appreciation, local Las Vegas home prices started cooling down in October 2017; though home prices and sales are still well up from one year ago.

Nearly 1.4 million (1,367,793) U.S. residential properties (1 to 4 units) were vacant as of the end of the third quarter of 2017 -- representing 1.58 percent of all U.S. residential properties.

According to the National Association of Home Builders/Wells Fargo Housing Market Index, U.S. builder confidence in the market for newly-built single-family homes rose four points to a level of 68 in October 2017. This was the highest reading since May 2017.

According to the Greater Las Vegas Association of Realtors, local home prices continued to rise rapidly, while home sales stabilized in September 2017.


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