Las Vegas Home Sales Up 29 Percent in August - 8 News NOW

Las Vegas Home Sales Up 29 Percent in August

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LAS VEGAS (AP) -- A new report shows August was the best month of the year for new home sales in southern Nevada.

Las Vegas-based Home Builders Research counted 763 new homes sold in August, which is up 29 percent from a year earlier.

The statistics, cited by the Las Vegas Sun, found the median price of those homes was more than $266,000, up 31 percent from a year ago.

Officials with the firm say southern Nevada builders pulled 673 new home permits in August, which is up 17 percent from August 2012.

They've pulled 5,057 permits so far this year, up 26 percent from the same time period last year.

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