Las Vegas Real Estate Market Update & Resale Home Sales For September
Sunday, October 19th, 2008Las Vegas real estate market update and resale home sales for September, 2008. Falling home prices and a big drop in sales shows a continued weakening of the residential real estate market.
New homes sold in Las Vegas, Nevada for the third quarter was 2,545 units. Year to date showed a decrease of 50 percent or 2,546 new homes. The strongest quarter with 11,198 sales was registered in the fourth quarter of 2005.