Las Vegas’ housing market faces five major challenges: skyrocketing prices, limited inventory, rising interest rates, labor shortages, and shifting demand. These issues threaten affordability and market stability, experts warn.
Browsing: Las Vegas housing market
Las Vegas is the fastest cooling housing market in the U.S., a recent report reveals. After years of rapid growth, rising prices and slowing sales signal a market shift, prompting cautious optimism among experts.
Las Vegas housing markets closed 2021 with robust activity, driven by pandemic-fueled demand and low inventory. Prices surged as buyers raced to secure homes amid ongoing supply constraints.