An Increase In Las Vegas Homes On The Market From Last Year

According to National Association of Realtors senior forecast economist Lawrence Yun there are more than 30% more Las Vegas properties on the Las Vegas market now than last year at this time. According to Yun the slower demand is due to rising interest rates.

He also says those who bought homes for investment purposes are now putting those real estate properties back on the market and trying to diversify away from the Las Vegas market.