Las Vegas #2 best on Case-Shiller Index of 20 largest city metro

[Terry Lao]

Recent article from the LA Times showcased nearby San Diego as the number #3 city for largest year over year price increase at 7.8%. See article link 

http://www.latimes.com/sd-fi-case-shiller-august-2...

Did you know that number #2 was? Yes, Las Vegas. Beating out large metro cities such as Los Angeles, New York, San Francisco, Houston, etc. 

I'm a numbers person, and this is huge for investors who bought Las Vegas in the past few years. The trend can only continue with the Raiders coming and building $1.9B stadium. I could see the sales picking up last Dec'16, when a normally slow month surprisingly increase in sales. This continued from January to now.

Read article and let me know your opinion, as Las Vegas still being good place to invest.

Terry

[Orita Issartel]

Unfortunately rents have not kept up with the increase.