Las Vegas home sales edged up slightly in February, but nothing seems to stop falling prices, which have dropped 50 percent from their peak. The Greater Las Vegas Association of Realtors reported this week that the median home price fell 2.7 percent in February to $155,603. That’s down from $160,000 in January and 37 percent from February 2008. The $155,603 price marks a 50.6 percent decline from the market’s peak in June 2006 when the median price was $315,000, according to the Realtors’ group. The organization tracks only single-family homes sales on the Multiple Listing Service.

Full story: lasvegassun.com