Las Vegas Real Estate Forum
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 8 years ago on . Most recent reply

Las Vegas sales up 28% YoY for May17
Las Vegas home sales was up 28% year over year for May'17. I suspect that April was low due to a short month, began on weekend, and ended on weekend. Thus, whatever escrow that could not close in April got rolled into May. I would average the 28% over two months, making May'17 about 14%.
Overall, IMO, Las Vegas home sales increasing due to low inventory, spring/summer peak season, and the hype of the Las Vegas Raiders.
https://macro.economicblogs.org/calculatedrisk/2017/06/mcbride-las-vegas-sales-28-yoy-inventory/
Terry Lao