Home Prices Continue Upward Trend

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(Photo by Justin Sullivan/Getty Images)

(Photo by Justin Sullivan/Getty Images)

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(Las Vegas, NV) — Las Vegas home prices have increased for the eighth straight month.

September figures, released this morning by the Greater Las Vegas Association, show the median price of single-family homes sold in September was $140,000, up 1.4% from $138,000 in August and up 13.5% from one year ago.

GLVAR statistics also highlight a trend toward fewer foreclosures and more short sales.

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