Las Vegas Valley house prices flatten after 8 months of gains
6 November 2012
After eight months of gains, Las Vegas Valley home prices have flattened out. The median sales price of a single-family house was $140,000 in October, the same as in September, but up 16 percent from a year ago, according to a report out today from the Greater Las Vegas Association of Realtors. Last month marked the end of the longest run of monthly housing price increases since at least 2004, GVLAR said. It was only a matter of time before the streak came to a halt, GLVAR President Kolleen Kelley said. There were more listings than sales last month, she ...
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