Las Vegas home prices continue to rise in 2015

Las Vegas Home Prices

Home prices in the Las Vegas metropolitan area rose by 6.8 percent in April compared to the same month a year ago, real estate analytics company CoreLogic reported Tuesday.

National home prices likewise rose by 6.8 percent over the same period, marking the 38th consecutive month of year-over-year increases. CoreLogic forecast that prices nationally will rise by an additional 5.3 percent from now through April 2016.

Nevada did slightly better than the national average with a 7.7 percent increase in home prices over the past year. But Nevada’s average home prices remain 33.9 percent below their pre-recession peak, representing the steepest drop in the nation. 

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