Las Vegas Market Watch

Las Vegas Is On The Move UP

April 28, 2014
By Joseph Pessin
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Las Vegas Is On The Move Up

Clark County has positive numbers in major categories. These numbers will impact the housing market in a positive way over time. Reports came out in January, February and March. Below are some of the results.

  • There were 870,000 people employed which is up from 839,4000 last year same period. (3.6% increase in employment.)
  • The unemployment rate in February 2014 was 8.6% compared to 9.8% last year same period.
  • The Gross Casino Revenue has increased 4.3% to $810,730,000 from the prior period.
  • Hotel/Motel Occupancy Rate is 85.6% which is up 2.1% from a year ago.
  • The Visitor Volume of 3,331,305 is up 3.4% from a year ago.
  • The Population has increased 2.2% from 2013 to 2,031,723 people.

April 28, 2014
By Joseph Pessin