Watch the video above to find out what CCAR President Amy Wells had to say about the May market, or read the quote below!
“The Clark County market held fairly steady from April in to May, as closed sales slipped ever so slightly (by less than a percent) while most other market indicators held steady or ticked upwards. We are still seeing an increase in new listings, with a 10.9% increase month over month, and a 4.6% increase year-over-year. Time on market did decrease in May, which is not unexpected as the region heads into the summer market.
While we’re definitely not out of the woods on the inventory crisis, the continued increase in new listings is definitely a welcome sign that some much needed choice for buyers is shaking loose!”
As part of your CCAR and RMLS memberships you receive access to monthly market action reports from RMLS. CCAR condenses these market reports down into sharable graphics that you are encouraged to download and share with your clients, or share on your social media accounts.
Simply click an image in the email to download it.
