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Tuesday, April 22, 2014
Report: Las Vegas Home Prices Continue Steady Surge
The latest report from Zillow shows that Las Vegas home values continue to climb, with the second fastest year-to-year growth rate amongst 35 metro areas listed in the report. The median home value in the quarter ending March 31 was up 22 percent from a year earlier, now at $170,00. Zillow expects local home prices to climb an additional 6 percent in the coming year. Home values on the national scale rose nearly 6 percent this past year, and are expected to climb just 3.3 percent in 2014.