Home prices in Las Vegas fell more than in any other major U.S. city, according to recent data.
The decline marks the steepest drop among the nation’s largest metropolitan areas.
In contrast, Chicago recorded the largest increase in home prices during the same period.
The data highlights a sharp divide in housing market trends across the country.
Las Vegas experienced a significant correction after years of rapid price growth.
Industry analysts attribute the drop to factors like rising interest rates and slowed demand.
Chicago’s price gains reflect a more stable market with consistent buyer activity.
