Million-Dollar Homes Pile Up on the Market in Las Vegas-5 Key Takeaways
Las Vegas luxury inventory surged with a 42% rise in million-dollar listings, prompting sellers to cut prices as buyer demand and momentum begin to cool.
Price Cuts on New Homes Accelerate as Homebuilders Grapple With Weak Spring Season
The spring homebuying season has gotten off to a slow start as persistent elevated interest rates, policy uncertainty, and building material cost factors hurt builder sentiment in May.