As for prices, I again do not expect much to change. Resale closing price appreciation may soften slightly, but basic supply and demand again points to more of the same. With new homes, dramatic increases in land and material costs will mean that price appreciation in that sector will continue and builders and buyers will have to continue to adapt.
Original article: https://www.reviewjournal.com/homes/homes-columns/real-estate-insights/vegas-housing-market-sits-on-stable-foundation-2570054/
