Sales of new homes began slowing last month in Southern Nevada amid scorching heat and rising interest rates. But overall, the home construction market has been far more robust this year than during the same period in 2012, a new report shows. Local homebuilders sold 3,618 new houses from January through June, up 75 percent from a year earlier, according to Las Vegas-based Home Builders Research. The median price of June's sales was $266,921, up 37 percent from June 2012.Read more at the following link:
http://www.vegasinc.com/news/2013/jul/22/demand-new-homes-southern-nevada-eases-june/
Source: VEGASINC.com
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