Las Vegas home sales rose to their highest level for February in six years, according to...

|By:, SA News Editor
Las Vegas home sales rose to their highest level for February in six years, according to DataQuick. Cash remains king, accounting for 52.9% of transactions, and absentee buyers - investors and 2nd-homers - were at 48.2%. The median price was off 5.9% Y/Y and 64.1% from the 2006 peak.