Las Vegas Added More Than 9,000 Jobs in a Year. Rents Fell in Nearly Every Neighborhood Anyway.
A four year apartment building wave of close to 24,000 units has handed renters the leverage that a growing job market would normally take away.
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A four year apartment building wave of close to 24,000 units has handed renters the leverage that a growing job market would normally take away.
Redfin data show Canadian interest in Las Vegas homes falling nearly one and a half times faster than actual Canadian tourism to the city, while the Canadian dollar, the explanation most often blamed, has barely moved in a year.
The federal government’s own water forecast shows Lake Mead approaching the elevation where Hoover Dam’s hydropower stops paying for itself, just as Las Vegas endures an Excessive Heat Warning through Friday and Nevada leans on nearly a quarter of the dam’s power.
Statewide growth of 78.9% since 2016 looks like a diversification success story. The map behind it tells a narrower one.
Southern Nevada’s median fell 2% in July, to $480,000. Sales volume rose 2.1% anyway.
A new charge on power bills is delayed until January, past the hottest summer Las Vegas has seen in years. The company’s own preview of the cost skipped the heat that drove it.
