Las Vegas home prices predicted to continue their rise
Submitted by admin on Wed, 09/25/2013 - 16:15
Zillow recently reported that Las Vegas home prices have increased by an average of 30.6% in the past year, and that the median home price is now $156,600. This makes Las Vegas the second fastest growing housing market in the USA, only behind Riverside, CA.
Zillow believes that Las Vegas median home prices will grow another 11.4% by August of 2014, compared to the predicted 5.2% rise across the nation.
Las Vegas remains an excellent market for investment, as there is no sign of letup and the rental market remains strong.