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Thursday, March 6, 2014

Las Vegas Home Prices Defy National Trend, Show Increase

Many economists predict that the housing recovery will continue throughout 2014, it will just be moving along at a slower pace after the strong gains experienced last year.  According to the recent Standard & Poor's/Case-Shiller 20-city home price index, home prices in Las Vegas and five other cities rose slightly month-over-month, defying the current national trend.  Many U.S. cities, on the other hand, experienced a slight drop in home prices for the first time in about two years.  The Las Vegas valley's gain was a very modest figure of only 0.41 percent.

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