Las Vegas rental rates are climbing faster than the national average, and Nevada faces a steep shortage of affordable units.
Housing
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With the grass torn out and heavy construction equipment on-site, Las Vegas’ former Royal Links golf course is on its way to becoming a sprawling housing tract.
A shortage has led to skyrocketing lumber prices, increasing costs for home builders and adding thousands to the price of new homes in Southern Nevada and elsewhere.
Las Vegas’ housing market is in overdrive. Homes are selling rapidly, prices are setting record highs and many buyers are paying cash.
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