✉news BusinessReal Estate first seen 1 d ago, last 1 d ago, peak #6
Las Vegas Housing Market Cools as Higher Rates Weigh on September Sales
Higher mortgage rates are being credited with slowing home sales in Las Vegas in September, marking a cooling period for a market that boomed during the pandemic. The report suggests rising borrowing costs are curbing buyer demand in the Nevada city. Further details on sales figures were not available.
Why now: Rising mortgage rates are a live concern for homebuyers and sellers watching whether the housing slowdown is spreading to major markets.
Evidence
- Las Vegas Housing Market Cools as Higher Rates Weigh on September Sales · The World Property Journal
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