By Jonas Peterson President & Chief Economic Development Officer, Las Vegas Global Economic Alliance The Las Vegas Valley has more than $11.1 billion in projects underway right now. That’s the news we heard May 19 at the Las Vegas Perspective event, Southern Nevada’s premier source of community and economic development data, analysis and forecasting. The Las Vegas Global Economic Alliance released the 178-page market overview guide in an event that featured several panels, one of which was an ove... read more

There is always a lot of focus on the single family housing market since it is the largest single segment of the housing stock. But with a sea of lights in the Las Vegas Valley to gaze upon and some world-class amenities, High-Rise is an exciting niche segment. Our High-Rise report illustrates recent price averages for all of the high-rise residences and condo-hotel projects, along with an update on what's new and exciting things happening in the sector.   ... read more

  96   sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% } .forceBgColor{background-color: white !important} ? The latest Las Vegas Real Estate Report revealed an important shift in the local housing market. After years of rapid growth and pandemic-era activity, the market is now entering a more balanced pha... read more

We're excited to share the 2025 edition of The Las Vegas Real Estate Report! This comprehensive publication dives into past trends, current market conditions, and future projections for both the real estate sector and the broader Las Vegas economy. Here’s a key insight: While new home sales surged, the existing home market ended 2024 with more supply than it started — signaling a wave of pent-up demand as many homeowners delayed moves due to high ... read more

After many years of flat rental growth (even negative in 2012), single family rentals experienced strong growth for all of 2015, experiencing year-over-year gains of between 2.2% and 5.5% on a monthly basis, measured with average price per square-foot. Marketing times for single family rentals have also been historically low with median days on market dropping to 13 days in the Summer of 2015 and finishing the seasonally weaker December at 26 days, far below the historical peaks of over 40 days.Figure 1: Average Pr... read more