Las Vegas housing prices are approaching $200,000 again, after another month of gains. The median home sale price previously for single-family homes in Southern Nevada last month was $195,000, up 2.6 percent from February and 21.1 percent from March 2013. Inventory is ticking higher, with 13,944 single-family homes up for sale.   /

Prices have increased fastest rates in the country as investors, looking to capitalize on the
housing crash, bought cheap homes in bulk to turn into rentals. Home prices have jumped
65 percent since hitting bottom at $118,000 in January 2012, however they remain far below
the local peak of $315,000 in June 2006, during the bubble.  The median listing price of such
homes was $245,000, up 4.3 percent from a year earlier.