86°F
weather icon Windy
Las Vegas, NV
Housing

4 key trends in the Las Vegas Valley housing market — VIDEO

Construction workers build wall during the new construction of LGI Homes at the Intersection of ...
Construction workers build wall during the new construction of LGI Homes at the Intersection of East Lake Mead Boulevard and Dolly Lane in Las Vegas. (Bizuayehu Tesfaye/Las Vegas Review-Journal)
More Stories
Homebuyers under 35 in the Las Vegas Valley only accounted for 32.9 percent of the mortgages ta ...
Why Gen Z isn’t buying homes in Las Vegas
A realtor sign gives notice that a home for sale in the Summerlin area is "Bank Owned" Wednesda ...
‘It was crazy bad’: Las Vegas real estate experts talk Great Recession, current market
An aerial photo shows homes near Buffalo Drive on Thursday, June 15, 2023, in Las Vegas. (Bizua ...
Investors are buying up Las Vegas homes again. Here’s why
Bucking a trend, Las Vegas sees rise in rental rates. Here’s why
By / Las Vegas Review-Journal
July 12, 2019 - 4:00 pm
 
Updated July 13, 2019 - 12:05 pm

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.

MOST READ
1
Slots player turns $25 bet into $1.2M at Nevada casino
Slots player turns $25 bet into $1.2M at Nevada casino
2
I-15 reopens after closure, barricade event in North Las Vegas
I-15 reopens after closure, barricade event in North Las Vegas
3
Fill a truck for $100 at Tropicana liquidation sale
Fill a truck for $100 at Tropicana liquidation sale
4
Restaurant closing after more than a decade on Las Vegas Strip
Restaurant closing after more than a decade on Las Vegas Strip
5
Roommates’ dispute turns deadly in northwest Las Vegas neighborhood
Roommates’ dispute turns deadly in northwest Las Vegas neighborhood
LISTEN TO THE TOP FIVE HERE
Sponsored By One Nevada Credit Union
Don't miss the big stories. Like us on Facebook.
MORE STORIES
recommend 1
Vegas Loop tunnel reaches off-Strip resort
recommend 2
Caitlin Clark to make first visit to Las Vegas as Aces host Fever
recommend 3
I’m a nonpartisan. What will my primary ballot look like?
recommend 4
Hit-and-run suspect arrested in April crash
recommend 5
Las Vegas police denied woman access to hijab, lawsuit claims
recommend 6
Mosquitoes carrying West Nile virus found in Clark County
THE LATEST
Homebuyers under 35 in the Las Vegas Valley only accounted for 32.9 percent of the mortgages ta ...
Why Gen Z isn’t buying homes in Las Vegas
By Patrick Blennerhassett / RJ

Las Vegas is going against the grain when it comes to Gen Z and younger millennials diving into the U.S. housing market

 
Oscar De La Hoya selling Henderson mansion
By Patrick Blennerhassett / RJ

The former boxer and fight promoter has done a lot of renovations on the property since purchasing it about two years ago.