Despite an expected slowdown, Las Vegas housing prices keep going up.The median price of a previously owned single-family home sold in Southern Nevada last month was $180,000, up 35 percent from $133,000 a year earlier, according to a new report from the Greater Las Vegas Association of Realtors.Sales prices have now climbed 17 of the past 18 months after bottoming out in January 2012, at $118,000. According to research firm CoreLogic, Nevada home prices are the fastest-rising in the country.“We keep expecting these price increases to slow down at some point, but it hasn’t happened yet,” GLVAR President Dave Tina said.
via Las Vegas home prices continue steady rise, surprising experts – VEGAS INC.
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