Las Vegas Multifamily Fundamentals: A Positive Combination of Jobs and Supply

Few metro areas are as concentrated in one industry as Las Vegas, with around one-third of the metro’s employment based in the tourism and hospitality industries, especially casino gambling. Development in the mid-2000s was so focused on gambling, tourism, and entertainment that the metro’s economy did not significantly diversify, although since that time it is becoming a regional health care hub. 

Read the November 2024 Market Commentary