5) Nevada
8.9 percent increase in home prices
The gain in home values follows a 10.2 percent rise in sales in the state’s most famous city, Las Vegas, largely on the strength of increased interest in single-family homes. There were also fewer short sales and sales of bank-owned homes in Las Vegas versus last year, while the going prices for these houses were higher. Just over a quarter of sold properties were bought by all-cash buyers, down from nearly a third last year.
