The Las Vegas housing market has been cooling down this year. The resale market is seeing fewer purchases compared to 2018 as well as slower price growth and a sharp rise in available listings.
Homebuilders are closing fewer sales because of a drop in purchases of single-family homes. However, they are selling more condos and townhouses, which are typically less expensive.
Las Vegas Review-Journal business reporter Eli Segall sits down with Aaron Drawhorn to discuss four key trends in the Las Vegas housing market.