Las Vegas Tops The List

Las Vegas real estate topped the list for the greatest home price gains with an average appreciation of 47.3 percent between the fourth quarter of 2003 and fourth quarter of 2004, according to the National Association of Realtors. Because buyer demand has been exceeding the supply of Las Vegas homes, there is a proportionate pressure on the price of those homes.

62 out of 129 metro markets nationwide also experienced double-digit home price gains for the same period.

~ Konnel Peterson
REMAX Associates