Posts Categorized: Nevada by the Numbers Blog

Nevada Employment Growth Softened Prior to COVID-19

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According to the Nevada Department of Employment, Training and Rehabilitation’s (DETR) February 2020 economic report, employment in Nevada is down 1,000 jobs over the month but up 18,300 over the year, a growth rate of 1.3 percent. This marks the first time since July 2012 that Nevada employment grew at a slower rate than the national… Read more »

Las Vegas Home Prices Reach New Heights in February

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Existing local home prices finally broke their all-time record, according to a report released Friday by Las Vegas REALTORS®. LVR reported that the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service (MLS) during February 2020 was $316,000. That was up 3.6% from January and up 6.7% from February… Read more »

Nevada Unemployment Hits All-Time Low

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According to the Nevada Department of Employment, Training and Rehabilitation’s (DETR) January 2020 economic report, employment in Nevada is up 3,900 jobs over the month and up 22,800 over the year, a growth rate of 1.6 percent. DETR notes that is at the low end of the range seen over the last year (1.5% –… Read more »

Nevada Gaming Revenue Sees Strong January Growth

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Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $1,038,196,869 for the month of January 2020 according to the state’s Gaming Control Board. This amounts to a 5.48% increase compared to January 2019, when licensees reported a gaming win of $984,227,816. For the fiscal year (July 1, 2019 through January 31, 2020), gaming win… Read more »

Las Vegas Home Prices Ease Slightly in January

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A report by the Greater Las Vegas Association of REALTORS® (GLVAR) shows that the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service (MLS) during January 2020 was $305,000. That was down 2.6% from December, but up 1.7% from January of 2019. Meanwhile, the median price of local condos and… Read more »

Nevada Gaming Posts Strong December Gains

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According the state’s Gaming control Board, Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $1,057,602,710 for the month of December 2019. This amounts to a 5.79% increase compared to December 2018, when licensees reported a gaming win of $999,678,537. For the fiscal year (July 1, 2019 through December 31, 2019), gaming win has… Read more »

Las Vegas Home Prices End Year Near All-Time High

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Local home prices continued to rise as the year came to an end, and fewer existing homes were sold in Southern Nevada during 2019 compared to the previous year, according to a report by the Greater Las Vegas Association of REALTORS® (GLVAR). GLVAR reported that the median price of existing single-family homes sold in Southern Nevada… Read more »

Nevada Gaming Revenues Cool Down in November

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Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $937,471,737 for the month of November 2019. This amounts to a 3.07% decrease compared to November 2018, when licensees reported a gaming win of $967,117,904. For the fiscal year (July 1, 2019 through November 30, 2019), gaming win has increased 1.34%. In Southern Nevada, the… Read more »

Las Vegas Home Prices Stay Level in November

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A report released Friday by the Greater Las Vegas Association of REALTORS® (GLVAR) shows home prices in Southern Nevada stayed the same from October to November but are still up from one year ago. GLVAR reported that the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service (MLS) during November… Read more »

Nevada Gaming Revenue Drops in October

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Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $1,021,909,865 for the month of October 2019. This amounts to a 3.85% decrease compared to October 2018, when licensees reported a gaming win of $1,062,880,161. For the fiscal year (July 1, 2019 through October 31, 2019), gaming win has increased 2.47%. In Southern Nevada, The… Read more »