Las Vegas Housing Inventory Soars, but Most Homes Are Unaffordable, Report Says

Las Vegas housing inventory soars, but most homes are unaffordable, report says

LAS VEGAS (KLAS) -- The number of Las Vegas valley houses for sale rose 31% year over year in July, signaling the biggest increase of any major U.S. city and roughly triple the national increase, according to the latest data released by Redfin. Although the housing inventory is growing, would-be buyers aren't in a hurry to make a purchase. Redfin data shows pending home sales fell 8.6%, and closed sales dropped 8.5% during the same period. It's …

Las Vegas Housing Supply Rises 31% As Demand Stumbles, Pushing Sale Prices Down Slightly

Inventory is growing more in Las Vegas than anywhere else in the nation while home sales fall, with many local residents backing off amid economic uncertainty and a faltering tourism industrySEATTLE--(BUSINESS WIRE)--#housingmarket--The total number o... L'articolo Las Vegas Housing Supply Rises 31% As Demand Stumbles, Pushing Sale Prices Down Slightly è un contenuto originale di 01net.

Las Vegas Housing Inventory Up 31% from Last Year

Las Vegas led the nation’s major metro areas with the largest number of homes for sale in July, according to new data from the Rocket Companies (NYSE: RKT) division Redfin.