Local Home Prices to Fall 14.2% in 2012

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Southern Nevada average home prices fell 7.2% last year; by the summer of 2012, home prices are expected to fall an additional 14.2%. Those are among the findings of the latest quarterly data from the Fiserv Case-Shiller Indexes, which track home price trends in more than 380 U.S. metro areas.  According to Fiserv Case-Shiller projections, home prices in Las Vegas will see a further decline of 0.2% percent between Q3 2012 and Q3 2013.