For Nevada’s housing market, 2015 marked a year of steady across the-board improvement. Some key metrics rebounded after a lackluster 2014, while others continued their strong annual growth trends from the year before. Most industry indicators remain below their pre-recession peak levels, but the widespread gains in 2015 set a solid foundation for continued growth into 2016.

Throughout the state, home prices reported positive growth that pushed Nevada’s seasonally adjusted house price index up 12.7 percent in the fourth quarter. That year-over-year growth rate led the nation and returned Nevada to first place in the national rankings after spending the year’s other three quarters in either second or third place. In 2014, Nevada topped the national rankings in year-over-year home price appreciation in every quarter.

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