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New Residents (Drivers License Count) Nov-2011 Annual Change: 4.00% | Active Residential Electric Meter Count Dec-2011 Annual Change: 1.50% | Total Employment Dec-2011 Annual Change: 0.50% | Unemployment Rate Dec-2011 Annual Change: -2.40% | New Home Sales Nov-2011 Annual Change: -6.80% | New Home Permits Nov-2011 Annual Change: 54.30% | Existing Home Sales Nov-2011 Annual Change: 23.70% | Median Price of a New Home Nov-2011 Annual Change: 4.20% | Median Price of an Existing Home Nov-2011 Annual Change: -5.00% | Single Family Building Units Permitted Dec-2011 Annual Change: 19.20% | Multi Family Building Units Permitted Dec-2011 Annual Change: -0.039 | Residential Building Permit Valuation Dec-2011 Annual Change: 21.20% | Commercial Building Permits Dec-2011 Annual Change: -7.10% | Commercial Building Permit Valuation Dec-2011 Annual Change: -49.30% | Apartment Rental Rate 3rd Q-2011 Annual Change: -1.30% | Apartment Vacancy Rate 3rd Q-2011 Annual Change: -0.40% | Taxable Sales Nov-2011 Annual Change: 8.60% | Taxable Gasoline Sales (Gallons) Nov-2011 Annual Change: -1.80% | McCarran Total Airline Passengers Dec-2011 Annual Change: 3.90% | Gaming Revenue Nov-2011 Annual Change: 7.80% | Clark County Visitor Volume Nov-2011 Annual Change: 2.30% | Las Vegas Valley Room Inventory Nov-2011 Annual Change: 3.40% | Las Vegas Valley Convention Attendance Nov-2011 Annual Change: 2.60% | Las Vegas Valley Hotel/Motel Occupancy Nov-2011 Annual Change: 1.20% |

Economic INsight

Las Vegas commercial / residential real estate market trend analysis

Year 2011

  • Jan. 2011
  • 2011-Vol. 3
  • 2011-Vol. 4
  • 2011-Vol. 5
  • 2011-EIN Vol. 6

Year 2010

  • Q1, 2010
  • Q2, 2010
  • Q3, 2010

Year 2009

  • Dec. 2009 – Vol. 2, Issue 12
  • Nov. 2009 – Vol. 2, Issue 11
  • Oct. 2009 – Vol. 2, Issue 10
  • Sept. 2009 – Vol. 2, Issue 9
  • August 2009 – Vol. 2, Issue 8
  • July 2009 – Vol. 2, Issue 7
  • June 2009 – Vol. 2, Issue 6
  • May 2009 – Vol. 2, Issue 5
  • Apr. 2009 – Vol. 2, Issue 4
  • Mar. 2009 – Vol. 2, Issue 3
  • Feb. 2009 – Vol. 2, Issue 2
  • Jan. 2009 – Vol. 2, Issue 1

 

Year 2008

  • Dec. 2008 – Vol. 1, Issue 5
  • Nov. 2008 – Vol. 1, Issue 4
  • Oct. 2008 – Vol. 1, Issue 3
  • Sep. 2008 – Vol. 1, Issue 2
  • Aug. 2008 – Vol. 1, Issue 1

 

 
The high unemployment rate and sluggish economy are keeping housing market numbers down
 
John Restrepo, Principal of RCG Economics, commenting on the opening of the Las Vegas City Center project.

 

Las Vegas commercial / residential real estate market trend analysis

Las Vegas commercial / residential real estate market trend analysis

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    John Restrepo
    RCG Economics
    3900 S. Paradise Rd,
    Suite 209
    Las Vegas, Nevada 89169

    Tel: 702-967-3188
    Fax: 702-967-3196
    Email: jrestrepo@rcg1.com

     

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