TITLE

Analyst off-mark on home prices

PUB. DATE
December 2008
SOURCE
Las Vegas Business Press (10712186);12/8/2008, Vol. 25 Issue 49, pP28
SOURCE TYPE
Periodical
DOC. TYPE
Editorial
ABSTRACT
The author comments on the assessment made by Home Builders Research President Dennis Smith regarding new home sales in Las Vegas, Nevada in October 2008. According to the report from Home Builders Research, new-home prices dropped about another $4,000 to $249,000, and existing-home prices declined about $2,000 to $184,000, which was seen positively by Larry Murphy of Salestraq. The author says that Smith's interpretation that the month's primary story was the weak building permit totals is wrong.
ACCESSION #
35752645

 

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