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Multifamily Research Market Report – Las Vegas Q1 2018

Multifamily Research Market Report – Las Vegas Q1 2018

Las Vegas Labor Market Resilient As Development   Boosted by significant hiring as the late recovery fully engaged in Las Vegas, housing demand has risen considerably over the past several years. Payrolls in the metro are expanding much faster than the national...

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Multifamily Stumbles in Q4 (2017)

Multifamily Stumbles in Q4 (2017)

According to statistics provided by REIS, multifamily vacancy in Southern Nevada increased by 0.2 points in the third quarter of 2017 (the most recent quarter of available data) to 3.2 percent. Vacancy this quarter was 0.3 points higher than it was one year ago. Class...

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2017 Year in Review, 2018 Outlook

2017 Year in Review, 2018 Outlook

Rent growth is expected to soften in the coming year, though the lack of affordable rentals is expected to continue.   Based on housing market research published throughout the year, the Apartment List Rentonomics team has analyzed the most important trends of...

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NAA’s Market Momentum for Q3 2018

NAA’s Market Momentum for Q3 2018

NAA's Market Momentum is a survey of industry decision-makers about business plans, expectations and trends in the apartment housing industry. Download the report below.   DOWNLOAD REPORT   By National Apartment Association in Partnership with RealPage Inc....

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Lied Institute Report on Apartment Market Trends (3Q2017)

Lied Institute Report on Apartment Market Trends (3Q2017)

The Las Vegas apartment market saw a large increase in the average asking rent and a decrease in the vacancy rate this quarter, according to data from our apartment survey, collected by the Center for Business and Economic Research (CBER). This was the eleventh...

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Multifamily Survey: Growth Up, Affordability Down

Multifamily Survey: Growth Up, Affordability Down

A significant majority of multifamily survey industry participants expect the rental housing market will continue to grow, fueled by increasing demand and a growing population (not affordability issues). At the same time, however, many of them are less optimistic...

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This Time, It’s a Bubble in Rentals

This Time, It’s a Bubble in Rentals

Sin City’s projected 5,000 new apartment units for this year makes no noise nationally in the latest real estate craze. “In 2017, the ongoing apartment building-boom in the US will set a new record: 346,000 new rental apartments in buildings with 50+ units are...

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Buyers Pay $269M for 4 Las Vegas Apartment Communities

Buyers Pay $269M for 4 Las Vegas Apartment Communities

Two days, $269 million. That’s how much was spent, in how many days, for four Las Vegas Valley apartment communities last week -- a burst of sales in a hot market that’s only getting more heated. The Blackstone Group, a New York investment giant that’s been snapping...

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No Swoon: Multifamily Rents Jump by $12 in June

No Swoon: Multifamily Rents Jump by $12 in June

Multifamily Rents Jump U.S. multifamily rents stopped their long, slow deceleration in a big way in June, posting the largest one-month increase in several years. Overall, average U.S. monthly rents rose $12 to $1,349, according to Yardi Matrix’s monthly survey of 121...

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