Nevada’s robust job growth and rising population trend continue to drive the upward trajectory of the state’s economy. These factors are having a particular effect on the statewide housing market, which remains in an extended period of high demand and rising price appreciation. Southern Nevada is home to the hottest market in the country, as home values increased by 13 percent on a year-over-year basis, according to the latest S&P CoreLogic Case-Shiller Index. Seattle and San Francisco came in behind Southern Nevada with price growth of 12.8 percent and 10.7 percent, respectively.

 

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