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Home Prices Continue Upward Trend

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(Photo by Justin Sullivan/Getty Images)

(Photo by Justin Sullivan/Getty Images)

tate south Tate South
Email Tate at tate.south@cbsradio.com
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(Las Vegas, NV)  – –  Home prices in Las Vegas are up for the fourth straight month.

The Greater Las Vegas Association of Realtors says investors with cash continue to dominate the resale market.  More than 3400 single-family homes were sold in the valley in May, up more than 7% from a year ago.

The median price of a home also rose slightly, to $128,000.

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