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Las Vegas home prices and sales dip as mortgage rates climb - The Sun Daily · Las Vegas Sun

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  SPEAKER_00: It's Tuesday, Las Vegas.
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  SPEAKER_00: Here's what's making news from Las Vegas Sun.
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  SPEAKER_00: Southern Nevada home prices and sales declined in September as mortgage interest rates increased.
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  SPEAKER_00: That's according to a report released this morning by Las Vegas Realtors.
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  SPEAKER_00: The median price of an existing single-family home sold in Southern Nevada last month was$470,000.
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  SPEAKER_00: That's below the all-time high of$490,000 set in May and June.
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  SPEAKER_00: In politics, the Democratic Congressional Campaign Committee on Monday added Teresa Benitas Thompson to its red to blue program.
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  SPEAKER_00: That brings National Party organizational and fundraising support to her bid for Nevada's open second congressional district, a seat no Democrat has ever won.
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  SPEAKER_00: Benitas Thompson, the former majority leader of the Nevada Assembly, faces Republican David Flippo in the November 3rd general election.
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  SPEAKER_00: The district covers most of northern Nevada, including Reno and Carson City, and is held only by Republicans since it was created after the 1980 census.
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  SPEAKER_00: In business news, the Athletics have sold out the Athletic Club for their inaugural MLB season in Las Vegas.
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  SPEAKER_00: It's the most exclusive premium hospitality space at the team's future Las Vegas strip ballpark, and it sold out 17 months before the stadium's schedule opening in 2028.
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  SPEAKER_00: The team says about 76% of buyers are from southern Nevada.
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  SPEAKER_00: The club sits behind home plate and will have a private entrance, a speakeasy inspired design paying tribute to the Ace history, and dining inspired by a classic steakhouse.
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  SPEAKER_00: And finally, the weather.
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  SPEAKER_00: The National Weather Service says above normal heat will stick around through Friday.
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  SPEAKER_00: Expect a high of 96 today, peaking at 98 Wednesday and Thursday, and then 97 on Friday, with overnight lows dipping into the mid 70s.
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  SPEAKER_00: A low pressure system will bring a cooler, windier weekend.
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  SPEAKER_00: That's your briefing for today.
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  SPEAKER_00: Visit losvegassun.com for continuing coverage, and we hope you stay safe.