You Take The Good, You Take the Bad
Builder Online is reporting that April’s housing statistics for Las Vegas can be told as a “good news-bad news” story. The bad news is that new and existing home sales in April were subpar. The good news is that inventory appears to be at or very near its peak. The bad news is that condo conversion closings are at their lowest point in 18 months. The good news is that both new and existing home prices are at or near record levels.
This information brought to you by Homes in Las Vegas & Henderson.
