An industry group cited high mortgage rates, elevated construction costs and “flagging consumer demand due to deteriorating affordability conditions.”
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MGM Resorts International announced that its nearly $1.1 billion cash sale of The Mirage’s operations to Hard Rock International is complete
The shuttered White Sands is being offered for sale through auction site Ten-X, with a starting bid of $1.5 million.
Jackie Robinson unveiled a new funding Wednesday for his arena and hotel project on the north Strip, which has been on the drawing board for nearly nine years.
Clark County commissioners gave the green light for a 43-story, 2,420-room project at the southeast corner of Las Vegas Boulevard and Harmon Avenue.
U.S. builder sentiment has declined every month this year, and the “housing recession shows no signs of abating,” a trade association reported.
Las Vegas officials approved starting talks with a developer to turn the course into a mix of housing, commercial space and a workforce training center.
Four communities in Southern Nevada are among the top 20 nationally for homebuilders’ sales, but overall, house hunters are pulling back from last year’s buying binge.
Southern Nevada’s rental market has heated up over the past year as people are looking for more space amid widespread work-from-home arrangements.
Following a lengthy construction boom, Southern Nevada’s industrial market has heated up even more over the past year.