By ELI SEGALL
LAS VEGAS REVIEW-JOURNAL
Las Vegas homebuilders started 2017 with a jump in sales and prices over the first month of last year.
Builders closed 527 new-home sales in Clark County last month, up 27 percent from January 2016, according to a recent report from Home Builders Research.
The median sales price of last month’s closings was $329,574, up 6.6 percent from a year earlier. Builders also pulled 624 new-home permits in January, up 22 percent.
Home Builders Research founder Dennis Smith called the sales total “a great start to 2017” and the permit tally “a positive indicator.”
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