Monthly Archives: July 2019

Nevada Sees Big Gaming Revenue Jump in June

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Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $1,040,994,041 for the month of June 2019, according to the state’s Gaming Control Board. This amounts to an 11.57% increase compared to June 2018, when licensees reported a gaming win of $933,019,638. For the fiscal year (July 1, 2018 through June 30, 2019), gaming win… Read more »

July REITview

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Welcome to our monthly REITView newsletter – where we analyze the latest national trends in real estate investment trusts (REITs) and their implications for investors and the Nevada real estate market. REITs own and often operate a pool of income-producing real estate assets. Investors can purchase a liquid stake in these portfolios – think of… Read more »

Nevada Leads Nation in June Job Growth

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In June, employment in Nevada is up 45,500 over the year, an increase of 3.3 percent according to the state’s Department of Employment, Training, and Rehabilitation (DETR). That’s more than double the current U.S. growth rate (1.5%) and leads the nation for June, according to the US Bureau of Labor Statistics. That’s also despite a… Read more »

After 3 Months Steady, Las Vegas Home Prices Rise in June

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The median price for existing single-family homes sold in Southern Nevada through its Multiple Listing Service (MLS) during June was $304,000, according to a report released by the Greater Las Vegas Association of REALTORS® (GLVAR).  That’s up 4.8% from $290,000 in June of 2018. Meanwhile, the median price of local condos and townhomes sold in June… Read more »