LAS VEGAS — Southern Nevada house prices resumed their downward slide last month, as buyers locally and nationally pull back amid higher borrowing costs.
The median sales price of previously owned single-family homes — the bulk of the market — was $440,000 in October, down 2.2 percent from September but up 7.3 percent from a year earlier, trade association Las Vegas Realtors reported.
Single-family homes sold for a median price of $450,000 in both September and August, after falling for three consecutive months.
