‘Market is definitely turning;’ Las Vegas home prices fall again - Las Vegas Review-Journal

Home prices in Southern Nevada were still up 14.8 percent, or $60,000, from a year ago. But prices have now fallen month-to-month for the second consecutive time after not dropping for more than two years.

Southern Nevada home prices fell again last month as buyers pulled further back and Las Vegas’ once-sizzling market became a more distant memory. The median sales price of previously owned single-fa… [+4029 chars]

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