Smith, Hubble
October 2008
Las Vegas Business Press (10712186);10/20/2008, Vol. 25 Issue 42, p18
The article reports on an increase in the sale of single-family homes in Las Vegas, Nevada, in September 2008. According to the Greater Las Vegas Association of Realtors, single-family home sales tripled during the period, from the same month in 2007 and inventory remained stable. It notes that the continuing fall of home prices is an indication that the housing market is still declining. Association President Patty Kelly said that the unprecedented number of foreclosures on the market continues to drive down prices.


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