(Las Vegas, NV) — After being one of the areas hardest hit by the housing bust, Las Vegas is now posting some of the nation’s largest increases in home prices.

The S&P/Case-Shiller index, released Tuesday morning, shows January prices rose just over 1.5 percent from December. Compared to January of 2012, prices are 15.3 percent higher. That’s about double the average national increase.

The S&P Case-Shiller index, which tracks twenty markets, posted it’s highest year-over-year increase since summer 2006.


Leave a Reply

Please log in using one of these methods to post your comment:

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

Listen Live