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Month: September 2026

Nevada Housing News

Mortgage Rates Hit a 20-Month High This Week. Reno Home Prices Are Up 9.3%. Las Vegas Isn’t.

The Federal Reserve’s first rate hike since 2023 pushed the 30-year mortgage to 6.95% on Sept. 17, the highest reading since January 2025, landing on a state where Reno’s inventory is shrinking toward a seller’s market and Las Vegas’s is growing toward a buyer’s one, a gap this publication measured by lining up three separate housing reports that have not been read together before now.