Posts Categorized: Nevada by the Numbers Blog

Las Vegas Home Prices Continue to Level Off in October

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A report released Wednesday by the Greater Las Vegas Association of REALTORS® (GLVAR) shows home prices in Southern Nevada stalled to start fall, with fewer homes selling so far this year compared to last year. GLVAR reported that the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service (MLS)… Read more »

Las Vegas 8th for Metro Migration

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More than 45 million Americans changed residences between 2017 and 2018, according to U.S. Census Bureau estimates. This means that more than 14% of the total U.S. population moved in the course of a single year. Many of the shifts in population within U.S. borders can be attributed to residents moving from one Metropolitan Statistical… Read more »

Las Vegas Strip Revenues Up Almost 9% In August

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Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $952,404,403 for the month of August 2019. This amounts to a 4.30% increase compared to August 2018, when licensees reported a gaming win of $913,099,059. For the fiscal year (July 1, 2019 through August 31, 2019), gaming win has increased 3.57%. In Clark County, the… Read more »

Las Vegas Housing Market Continues to Stabilize

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A report released by the Greater Las Vegas Association of REALTORS® (GLVAR) provides another sign that the region’s real estate roller-coaster ride has slowed down. GLVAR reported that the median price for existing single-family homes sold in Southern Nevada through its Multiple Listing Service (MLS) during August was $305,000. That’s up 3.4% from $295,000 in… Read more »

Nevada Gaming Revenue Jumps As New Fiscal Year Starts

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Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $1,023,950,453 for the month of July 2019. According to the state’s Gaming Control Board, this amounts to a 2.91% increase compared to July 2018, when licensees reported a gaming win of $994,997,324. In Clark County, the Las Vegas Strip posted a more modest 1.63% jump,… Read more »

Nevada Unemployment Ticks Up in July

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According to the latest statistics from Nevada’s Department of Employment, Training, and Rehabilitation (DETR), the state’s unemployment rose 0.1 points to 4.1% in July. That figure is still down .4 points on a year-over-year basis. Nevada’s Unemployment Insurance Trust Fund ended the second quarter of 2019 with a balance of over $1.52 billion, which would… Read more »

Las Vegas Home Prices Dip Slightly in July

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Local home prices have leveled out in recent months, and are only slightly higher than they were a year ago, according to a report released Wednesday by the Greater Las Vegas Association of REALTORS® (GLVAR). GLVAR reported that the median price for existing single-family homes sold in Southern Nevada through its Multiple Listing Service (MLS) during… Read more »

Nevada Booming with Solar Jobs

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…Education, not so much A recent blog from Commercial Cafe provides some interesting visualizations and breakdowns of job data from the US Bureau of Labor Statistics. First, let’s start with what industries are under- and over-represented in Nevada. We’ll start with the obvious – no state does tourism like we do. It’s not even close… Read more »

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 »

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 »