Monthly Archives: August 2016

Stagnant Southern Nevada Wages Are Preventing a Full Recovery

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In recent months, we’ve been told by a variety of sources that the Southern Nevada economy is in full recovery and firing on all cylinders. That would be nice if it were true. Most Las Vegas economic metrics have indeed improved since the depths of the Great Recession, but one of the most critical components… Read more »

Southern Nevada Median Home Prices Still Rising

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Southern Nevada home prices continued to rise in July as the local housing supply remained tight, according to the latest data from The Greater Las Vegas Association of REALTORS® (GLVAR). GLVAR reported the median price of existing single-family homes sold during July through its Multiple Listing Service (MLS) increased to $236,000. That was up 7.3 percent from… Read more »

Real Unemployment Numbers in Nevada and the Nation

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Nevada’s “headline” unemployment rate rose to a seasonally-adjusted 6.4% in June 2016. However, relative to one year ago (June 2015), Nevada added 31,500 private payroll jobs and the unemployment rate fell by 0.4 points. Nevada’s U-6 rate (a fuller measure of unemployment that includes unemployed, marginally attached, and forced part-time workers) in Q2, 2016 was… Read more »

Nevada Democratic Voter Registration Rolls Outpace Republicans in July

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The voter registration numbers for all political parties in Nevada increased in July 2016, as shown by the data released by Secretary of State Barbara Cegavske’s Election Division today. The number of statewide active registered voters increased by 24,923 (1.89%) compared to June 2016. Of the 1,346,835 active registered voters in Nevada: • 537,153 (39.88%)… Read more »