Job opportunity is the fuel that will be driving the Las Vegas population growth from 2,141,655 in 2016 to 2.2 Million by 2019. As the tourism industry accounts for one third of the employment in Las Vegas, construction projects are expected to remain on track for major projects estimated at 20 billion dollars.
As the Las Vegas NV real estate market is seeing less distressed properties , the resale market has rebounded. New construction Home Builders are are breaking ground on new construction sites around the valley. Land availability and pricing are causing the median base price of a new construction home to be about 480,000 more then a resale home. Market expectations point toward steady but modest appreciation and income growth. This considered Las Vegas Housing is a good bet for the future
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