Nevada’s Economy: Differing perspectives on the Las Vegas housing market presents different outlooks for potential recovery
The U.S. Census and data from the Las Vegas Multiple Listing Service (MLS) and the Center for Business and Economic Research (CBER) at the University of Nevada offer very different perspectives on the Las Vegas housing market.
According to the U.S. Census, the Las Vegas metropolitan area had 840,343 housing units, 715,365 were occupied and 124,978 (14.87%) were vacant when the census was conducted in April 2010. According to the Las Vegas MLS and CBER, the Las Vegas metropolitan area has 767,580 housing units in 2010, 735,530 were occupied and 32,050 (4.18%) were vacant in the fourth quarter.
Read the entire report:Download Nevada Economy Report February 2011