Las Vegas home sales climb higher after sluggish 2023 start

Home sales in Southern Nevada and across the country shot higher last month — but buyers still aren’t nearly as active as they were a year ago.

The pace of resales in the U.S. rose 14.5 percent from January to February, ending a full year of monthly drops, the National Association of Realtors reported this week.

However, sales were still down 22.6 percent from February of last year, and the median sales price last month, $363,000, shrank by 0.2 percent — a decline of just $700 but the first year-over-year price tumble in almost 11 years, the association said.

https://www.reviewjournal.com/business/housing/las-vegas-home-sales-climb-higher-after-sluggish-2023-start-2748666/

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