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Tuesday, August 12, 2014

Rising Las Vegas Home Prices Hit ‘Nice Milestone’

According to a new report from the Greater Las Vegas Association of Realtors, the median sales price of previously owned single-family homes hit $200,000 in July. This was up 11.1 percent from the year before, and marked the highest recorded level in almost six years.

"This tells you how far we've come back from the depths of our downturn a few years ago," explained GLVAR President Heidi Kasama after calling the $200,000 mark a "nice milestone".

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