Why a Housing Crash in Las Vegas Will NOT Happen: Las Vegas Economic Update

Any signs of a housing crash in Las Vegas will not happen because of a strong economy. Las Vegas leads the nation in almost every economic metric including job growth, wage growth, population growth and real estate affordability. There are also 6,000 people a month moving to Las Vegas and we have the fastest growing airport in the US.

The idea that a housing crash would happen in Las Vegas isn’t true especially since the price of new homes are up 12% since the end of 2021 to today. There is a shortage of housing available in Las Vegas and this will continue to cause rents to rise, although not at the rate rents were rising previously.

Todd and Oana are Las Vegas real estate agents who correctly called the 2008 housing crash. Todd and Oana have listed and sold over 3,000 houses as agents and over 8,000 as brokers.

Todd Miller

Oana Miller

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