New and Existing Home Sales Decline Throughout State

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unlv lied instituteAll three regions in Nevada saw decreases in both new and existing home sales. Existing home sales in Nevada decreased by nearly 10 percent and were the lowest they had been since 2008. New home sales decreased by nearly 5 percent, but are still up 3 percent year over year.

Below please find a link to the January 2015 update of the Report on Nevada’s Housing Market. This publication is part of a series of reports that are co-presented by the Lied Institute for Real Estate Studies at UNLV and the Nevada State Department of Business & Industry with funding provided by the Housing Data and Index Project. These reports provide monthly updates on housing market trends throughout Nevada. Feel free to contact the Lied Institute at (702) 895-4492 for questions about this report.

Click here to see the entire report

For past reports and other Lied publications please visit our website: www.liedinstitute.com.