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New home net sales did not waver much to close out May.

New home net sales remained steady as the weather starts to heat up.

May started off sluggish, but new home net sales rebounded last week.

New home buyers signed 5% more new contracts than the previous week.

The second week of April saw new home net sales in Southern Nevada remained steady.

New home net sales were still moving at an above average, albeit slower, pace in the first week of April.

Weekly New Home Snapshot

In the final week of Q1, local homebuilders reported the best month of sales of the year.