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February 22, 2019 | Las Vegas Review-Journal | Eli Segall
The small house in central Las Vegas stands out a bit because of its salmon-colored exterior but otherwise fits right in with the neighborhood of older, low-slung homes. Since the recession, its value has also shot up — but that’s not much of an anomaly either. Southern Nevada home prices rose at one of the fastest rates in the country last year amid a growing population and strengthened job market. According to a new report from SalesTraq, the residential research arm of consulting firm Applied Analysis, resale prices climbed in 2018 in every ZIP code in the valley for the second year in a row, and they rose fastest in more centrally located areas — which tend to have older homes and lower prices.View Article Newsroom