Taking Stock: Nevada's Housing Market in 2012

On January 10, 2012 Principal Analyst Jeremy Aguero provided the keynote address at the Southern Nevada Home Builders Association luncheon. The presentation provided a summary of supply, demand and pricing dynamics in southern Nevada's housing market. Aguero concluded that although economic conditions in southern Nevada continue to show signs of steady improvement, the housing market continues to face a significant supply-demand imbalance. Potential opportunities were noted in the multi-family and rental markets. The potential impact of legislation such as AB 284 (2011) and AB 273 (2011) were also called out for their potential impacts on the local housing market.

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