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Las Vegas Sun

Surging home values in Las Vegas expected to keep their momentum

April 25, 2013

After bottoming out a year ago, Las Vegas home values have soared and are expected to rise further, boosting the region?s fragile economic recovery. The Las Vegas Valley?s median home value was $138,800 as of March 31, at the end of the first quarter, up 22.3 percent from a year earlier, according to a report out Wednesday from Seattle-based research firm Zillow. Local home values hit bottom in the first quarter last year at $113,500.

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